however, and Britain in 2016 voted toleavethe European Union.14That same year Donald Trump won the U.S. presidential election on a platform that included a call for tariffs on Chinese and Mexican imports. He implemented tariffs on China when...
The more modest EU tariff increases are a compromise that will allow consumers access to low-cost Chinese EVs while avoiding an exodus of European producers to China. Tariffs on a par with the US would prevent EVs reaching price parity with ICE vehicles and put the EU’s current target of ...
The article reports on the increase of export tariff rates of chemical fertilizers in China. The export tariff rates of mono-ammonium phosphate (MAP) and di-ammonium phosphate (DAP) are increased to 35%. Moreover, export tariff rate of compound fertilizers is also increased to 35% effective ...
there are numerous disputes concerning the Arctic Circle among Canada, Denmark, Norway, Russia, and the United States. The disputes involving China receive relatively more attention because the United States
Closed economies are virtually nonexistent today, although some countries come closer than others to having one. Even in countries with relatively open economies, governments may close off a specific sector or industry from international competition through the use of quotas, subsidies, and tariffs—a...
There is no reason for the world's leading EV company to abandon the booming market that accounted for more than half of the global EV sales last year. Tesla is one of the more than 1 million international companies operating in China, most of which are tightening the knot with their Chin...
Western pundits often wrote that rising wages in China would drive many foreign investors out of the country to other developing nations or even back to the U.S. Adding to that theory is U.S. President Donald Trump boasting China is “begging” for a trade deal because his ta...
President-elect Donald Trump is proposing sweeping new tariffs on Mexico, Canada and China as soon as he takes office. Here's why.
6. While visiting China, US Treasury Secretary Janet Yellen said that she would not rule out potential tariffs on China’s green energy exports, including products like solar panels and electric vehicles. (CNBC) Lost in translation Hong Kong’s food delivery scene used to be split between the...
Most surprising about the data on happiness is that the most unhappy demographic is people under 30, which is ironic given their unique understanding of, and access to, new media. But no matter which age bracket you look at, people are feeling depressed. ...