Focus on Trade
China proposes negotiations with EU to resolve electric vehicle tariff dispute
Vice Commerce Minister Li Fei said China was willing to engage in dialogue and consultations about EU's tariff plan for electric vehicles.
EU to trim proposed tariffs on Tesla, other EVs from China
Revisions reportedly made to EU's EV tariffs after companies supply new information, with Tesla rate dropping to just 8%.
China auto suppliers, EV makers flood major trade fair in Germany
To gain a foothold amid looming tariffs, Chinese EVs come to Germany to show off vehicles at trade fair.
Oil tanker ablaze off Yemen threatens environmental disaster
Yemeni rebels' Red Sea oil tanker attack leaves Greek-flagged ship on fire while carrying a million barrels of crude oil.
Nippon Steel rebuts US Committee on Foreign Investment’s case against its US Steel bid
Nippon Steel defends its $14.9 billion bid for U.S. Steel, arguing U.S. politics, not security, drive opposition to the deal.
US arrests laser tech salesman for illegal exports to Russia
Ex-salesman arrested for allegedly conspiring to evade U.S. export laws to sell laser equipment to Russian nuclear firm.
Russia raises forecast for 2024 oil, gas export revenues by $17.4 billion, document shows
Russia's 2024 oil and gas export forecast was raised by $17.4 billion to $239.7 billion, driven by higher price expectations.
Lawmakers probe if US retailers bought Chinese auto parts that evaded tariffs
Lawmakers question U.S. auto parts retailers on sourcing from a Chinese firm accused of evading tariffs via Thailand.
France’s Orano aims to enrich uranium in US in early 2030s, says executive
Orano plans to begin enriching uranium in a new U.S. plant by early 2030s, aiming to reduce reliance on Russian supplies.
China, price cuts and costs: The fuel driving Volkswagen’s crisis
Volkswagen warns of accelerating competition from China, cutting its cost-cutting timeline and considering plant closures.
