Focus on Trade
US hikes tariffs on imports of Chinese solar wafers, polysilicon and tungsten products
Tariffs on Chinese-made solar wafers and polysilicon will rise to 50% and duties on certain tungsten products will increase to 25%.
U.S. cobalt miner to Trump: use tariffs as ‘scalpel’ not ‘sledgehammer’
Jervois exec urges Trump to use surgical tariffs to aid U.S. mining, boost critical mineral supply chains amid Chinese competition.
Hungary, Slovakia seek to overcome US sanctions impact on Russian gas payments
Hungary, Slovakia scramble to pay Russian gas amid US sanctions on Gazprombank, risking potential suspension of critical energy supplies.
Analysis: Rival LNG supplies, Sakhalin’s depleting fields give Japan an exit from Russian gas
Japan eyes LNG shift as Sakhalin-2 deals near expiry, balancing energy security, geopolitics, and the push for renewables.
Tesla sells 21,900 EVs in China in first week of Dec, the highest in Q4
The rare weekly sales disclosure came after Tesla logged its best month in the Chinese market this year with sales exceeding 73,000 in...
Explainer: What next for Nippon Steel and US Steel’s $15 billion mega-merger?
U.S. Steel's $15B Japanese takeover hangs in the balance as Biden weighs national security risks amid political pushback.
Nippon Steel slams ‘inappropriate’ politics in US deal
Nippon Steel issued the statement in response to a news report suggesting that President Biden might block its acquisition of US Steel.
Ecuador’s $1 billion bond buyback to fund Amazon conservation
Ecuador launches $1B bond buyback to fund Amazon conservation, leveraging new 2042 bond at 6.034% yield, IFR reports.
GM to exit Cruise robotaxi business
Automaker General Motors said on Tuesday its majority-owned Cruise business will drop the development of robotaxis.
