Sunday, 11 May 2025

Focus on Trade

FILE PHOTO: Employees work on the production line at a Baowu Group steel mill in Ezhou, Hubei province, China June 21, 2023. REUTERS/Amy Lv/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceNewsPoliticsRegulationsTradeTransport

China’s industrial support programmes lack transparency: WTO

The WTO said on Wednesday that it was unable to get a clear picture of China's financial support for key industry, such as...

FILE PHOTO: Illuminate USA solar panel plant is seen in Pataskala, Ohio, U.S., July 15, 2024.  REUTERS/Megan Jelinger/File Photo
AnalysisBusinessElectricityIn-DepthLabourPoliticsRegulationsSolarTrade

Snapshot: Chinese-owned solar factories in the US

Some of the largest Chinese solar panel makers are setting up shop in the US thanks to new clean energy manufacturing subsidies

A solar field is seen on site at First Solar in Perrysburg, Ohio July 8, 2022. REUTERS/Megan Jelinger/File photo
BusinessEconomyElectricityFinanceNewsPoliticsRegulationsSolarTrade

US solar panel makers seek tougher ‘Made in USA’ rules

US solar manufacturers are calling for tougher rules governing a tax credit for developers that use domestically produced components

FILE PHOTO: People pose for pictures in front of Xiaomi's first electric vehicle SU7 that is displayed outside the avenue for the car's launch event in Beijing, China March 28, 2024. REUTERS/Sarah Wu/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsTrade

US to issue proposed rules limiting Chinese vehicle software in August

The rules will limit software in connected vehicles from China and other countries deemed adversaries to enhance national security.

FILE PHOTO: A general view of BYD's first electric vehicle (EV) factory in Southeast Asia, a fast-growing regional EV market, in Rayong, Thailand, July 4, 2024. REUTERS/Chalinee Thirasupa/File Photo
Electric Vehicles (EVs)IndustryManufacturingNewsPoliticsTrade

EU countries divided on Chinese EV tariffs in vote, sources say

EU split on tariffs for Chinese EV imports, with a dozen in favor, four against, and eleven abstaining in a recent advisory vote.

A free trade arbitration tribunal has tossed out TC Energy Corp.'s claim that it is owed US$15 billion in damages as a result of President Joe Biden's cancellation of the Keystone XL pipeline permit. Pipes intended for construction of the Keystone XL pipeline are shown in Gascoyne, N.D. on Wednesday April 22, 2015. THE CANADIAN PRESS/Alex Pane
CourtsIndigenousNewsOilPoliticsTradeTransmission

TC Energy’s US$15B Keystone XL claim thrown out by trade tribunal

TC Energy launched the claim in 2021 under rules tied to the North American Free Trade Agreement.

A general view of the MINI plant, on the day of a press conference on the BMW Group's investment for the MINI production in the UK, in Oxford, Britain, September 11, 2023. REUTERS/Andrew Boyers/File photo
BusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsPoliticsRegulationsTrade

EU may cut China EV import tariffs for Volkswagen and BMW, sources say

EU may cut tariffs for VW, BMW on China EV imports, potentially lowering charges to 20.8% from 37.6%, pending final decision by autumn.

FILE PHOTO: An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China January 4, 2023. China Daily via REUTERS/File Photo
BusinessEconomyFinanceNewsOilPoliticsTrade

Oil prices tick down on worries about Chinese demand

The market is eyeing the slower Chinese economy and whether the US Federal Reserve is set to cut interest rates.

FILE PHOTO: A drone view shows BYD electric vehicles (EV) before being loaded onto the "BYD Explorer No.1" roll-on, roll-off vehicle carrier for export to Brazil, at the port of Lianyungang in Jiangsu province, China April 25, 2024. China Daily via REUTERS/File Photo
Electric Vehicles (EVs)NewsPoliticsTrade

Germany set to abstain in vote of EU tariffs on Chinese EVs

Germany is set to abstain in Monday's vote by European Union member states on imposing provisional tariffs on Chinese electric vehicles, sources told...

FILE PHOTO: A view of the Phillips 66 Company's Los Angeles Refinery (foreground), which processes domestic & imported crude oil into gasoline, aviation and diesel fuels, and storage tanks for refined petroleum products at the Kinder Morgan Carson Terminal (background), at sunset in Carson, California, U.S., March 11, 2022. REUTERS/Bing Guan/File Photo
BusinessFuelNewsOilTrade

Oil trades in narrow range on OPEC+, sanctions and demand worries

Brent crude oil has been trading in a tight range of $75-$90 a barrel since late 2022 as OPEC+ cuts keep a floor...