Wednesday, 23 April 2025

Focus on Trade

FILE PHOTO: Spain's Prime Minister Pedro Sanchez and China's President Xi Jinping meet at Diaoyutai State Guesthouse in Beijing, China, September 9, 2024. Borja Puig de la Bellacasa/Moncloa Palace/Handout via REUTERS/File Photo
AnalysisAutomotiveBusinessElectric Vehicles (EVs)PoliticsReportsTrade

China’s carrot-and-stick with EU trading partners start to pay off

By Mei Mei Chu, Joe Cash and Ellen Zhang BEIJING (Reuters) -Beijing, as a vote on EU duties on China-made electric vehicles looms,...

FILE PHOTO: A man wipes the floor near the Toyota Prius PHEV and Toyota BZ4X during the Indonesia International Auto Show in Tangerang, Indonesia, July 18, 2024. REUTERS/Ajeng Dinar Ulfiana/File Photo
EconomyElectric Vehicles (EVs)IndustryLegislationNewsPoliticsTrade

US House passes bill targeting China that would limit EV tax credits

The House voted 217-192 to tighten rules limiting Chinese content in EVs eligible for U.S. tax credits; Senate yet to act.

The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021.   REUTERS/Rebecca Cook/File photo
BusinessCritical MineralsElectric Vehicles (EVs)ManufacturingNewsPoliticsRegulationsTrade

GM in talks to buy Chinese EV batteries built in the US: report

General Motors may buy EV batteries using CATL tech, assembled in a US plant funded by Japan's TDK, per Bloomberg sources.

FILE PHOTO: Flags of European Union and China are pictured during the China-EU summit at the Great Hall of the People in Beijing, China, July 12, 2016. REUTERS/Jason Lee//File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsTradeTransport

EU rejects minimum price offers from Chinese EV exporters

European Commission received offers from makers of EVs in China for minimum import prices into the EU, but rejected all of them.

FILE PHOTO: A staff member works on an assembly line manufacturing Geely's GX6 cars, at the Geely's plant in Chengdu, Sichuan province, China April 13, 2023. REUTERS/Zoey Zhang/File Photo
AutomotiveBusinessElectric Vehicles (EVs)IndustryNewsPoliticsTradeTransport

China warns carmakers of risks in building plants overseas, sources say

As EV makers plan global factories to beat import tariffs, China's commerce ministry advises against certain countries.

The $10 billion pipeline project is intended to transport natural gas from Turkmenistan via Afghanistan to Pakistan and India (AFP)
InfrastructureNatural GasNewsPoliticsTrade

Afghanistan says to begin work on huge gas pipeline

Taliban government stages ceremony to mark the start of work on the $10bn TAPI pipeline that will cross South Asia.

Spain's Prime Minister Pedro Sanchez said Wednesday the European Union should 'reconsider' a plan to impose tariffs of up to 36 percent on Chinese electric cars (AFP)
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsTradeTransport

Spain PM urges EU to ‘reconsider’ China EV tariffs plan

Spanish leader Pedro Sanchez calls for 'compromise' on EV tariffs between Brussels and Beijing to avert trade war.

FILE PHOTO: ASML logo is seen near computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
IndustryManufacturingNewsPoliticsSemiconductorTrade

Europe’s largest tech firm ASML needs licence to service some equipment in China: Dutch govt

The Dutch government clarified that ASML needs a license for servicing chipmaking tools sold to China, expanding restrictions to more machines.

FILE - Smoke rises from an energy facility after a Russian attack in Kharkiv, Ukraine, Friday March 22, 2024. (AP Photo/Yevhen Titov)
ElectricityNewsNuclear PowerPoliticsTradeWeather

Ukraine braces for hardest winter due to intensified Russian attacks on energy infrastructure

Ukraine’s prime minister warned Tuesday that the country could be facing its toughest winter since the full-scale Russian invasion began

FILE PHOTO: A Great Lakes Works sign is seen at the U.S. Steel Great Lakes Works plant in Ecorse, Michigan, U.S., September 24, 2019. Picture taken September 24, 2019. REUTERS/Rebecca Cook/File Photo
BusinessIndustryInfrastructureNewsPoliticsTrade

Nippon Steel exec flies to Washington in last attempt to save US Steel deal: Financial Times

Nippon Steel's vice-chair will meet U.S. officials on Wednesday in an attempt to save its proposed $14.9 billion takeover of U.S. Steel.

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