China’s steel exports face headwinds as trade backlash worsens
China’s flood of steel exports could ease in coming months, as a backlash from trade partners seeking to protect their domestic industries builds momentum.
Indonesia renews textile import duties to curb Chinese goods
Indonesia reimposed additional tariffs on imports of fabrics to protect the local industry from the flood of cheaper goods coming mostly from China.
First in-person meeting of the trade ministers of the Americas Partnership for Economic Prosperity
Barbados, Canada, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, Panama, Peru, the United States, and Uruguay issued the following joint statement following the first…
Economy still growing, but could be slowing enough for Fed to lower interest rates this year
“The consumer environment has kept the expansion on a positive path toward a ‘soft landing’ despite high interest rates,” Kleinhenz said. “Meanwhile, inflation has not…
Tesla’s vehicle shipments from China factory jumped in July
Tesla Inc. increased shipments from its Shanghai factory by about 15% in July, snapping a streak of monthly declines in output from its most productive…
China’s BYD seeks entry to Canada EV market despite likely tariffs
Chinese electric carmaker BYD Co. is looking to enter the Canadian market just as Prime Minister Justin Trudeau’s government works to clamp down on imports…
US weighs restrictions on China’s access to AI memory chips
The US is considering unilateral restrictions on China’s access to AI memory chips and equipment capable of making those semiconductors as soon as next month,…
ArcelorMittal cries foul on steel exports from China
ArcelorMittal SA said exports from China left the steel market in an unsustainable position, as the world’s biggest producer outside of the Asian country reported…
South Korea’s export growth slows in sign of bumpy momentum
South Korea’s export growth slowed in July, suggesting global demand may be cooling a touch after a boom in the artificial intelligence and technology sectors…
US senators move to deny China solar firms lucrative tax credits
Companies with ties to China and other foreign adversaries would be barred from getting a tax credit meant to bolster domestic energy manufacturing under legislation…
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