Focus on Trade
Explainer: What happens as EU concludes investigation of Chinese-made EVs?
The EU formally approved imposing tariffs on Chinese-made EVs on Tuesday after an investigation that has divided the bloc.
EU adopts extra tariffs of up to 35.3% on Chinese EVs
The EU will impose new tariffs on Chinese electric cars after a probe found unfair subsidies, risking trade tensions with Beijing.
European car safety agency snubs BYD’s Atto 3 driver assistance system
MILAN — Europe’s car safety agency has issued a “not recommended” rating to the driver assistance system used in BYD’s Atto 3 EV,...
Biden proposal would ‘effectively prohibit’ sale of Polestar cars in US, automaker says
Polestar stated that a proposed Biden rule banning Chinese vehicle tech would "effectively prohibit" its sales in the US.
Automaker Ford weakens profit outlook, shares fall
Ford Motor expects to meet only the lower end of its profit guidance, forecasting $10 billion in earnings, as shares drop five per...
China again warns EU against separate talks with EV makers
China renewed warnings that if the EU conducts separate talks with EV companies while in dialogue with China, that would erode trust.
Volkswagen weighs wage cuts, bonus reductions in push to save four billion euros: report
Volkswagen is exploring a series of cost-cutting measures for its core brand, including a 10 per cent wage cut and a two-year wage...
China-led AIIB head criticizes advanced nations for trade barriers
The head of the Asia Infrastructure Investment Bank has said there is "no longer free trade" in the global economy.
