David Lawder
Yellen won’t rule out sanctions on Chinese banks, curbs on ‘dark fleet’ oil tankers
Yellen signals new sanctions on Russian oil and Chinese banks to curb funding for the Ukraine war amid a softer oil market.
World Bank wins pledges for $100 billion replenishment of fund for poorest countries
The World Bank made the announcement on Friday at a pledging conference for the International Development Association.
India, US to cooperate on critical battery minerals, trade minister says
Indian Trade Minister Piyush Goyal announces supply chain cooperation agreement with the U.S. for critical minerals in EVs.
US locks in steep China tariff hikes, many to start Sept. 27
The Biden administration on Friday locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles.
ADB to devote half its lending to climate finance by 2030
Asian Development Bank hikes climate financing ambitions with a $100bn target and plan to boost private sector projects.
Yellen warns ending US clean energy tax credits would raise consumer costs
Treasury Secretary Yellen warns that reversing Biden's clean energy tax credits would raise costs, hurt U.S. jobs, and benefit China.
USTR delays final determination on China tariffs, announcement due in coming days
The Biden administration Friday delayed an announcement of its determinations for US tariff hikes on Chinese EVs, batteries and solar cells
US trade chief Tai lauds Canada’s steep new tariffs on Chinese EV, metals
The U.S. Trade Representative strongly supports Canada's decision to impose tariffs on Chinese-made EVs and steel, aligning with U.S. plans.
Yellen says $3tn needed annually for climate financing
On visit to the Amazon, US Treasury Secretary Yellen says climate financing needs to be far above current levels.
US, Brazil to work together on climate partnership, says Yellen
The US and Brazilian governments announced a climate partnership agenda on Friday, seeking to deepen ties on climate, nature and biodiversity
