Trump pledges tax credits, tariffs to redirect jobs from China
President Donald Trump said he’ll punish American companies that move jobs abroad and reward firms with tax breaks for shifting work from China to the…
Market cap of the world`s five largest automobile manufacturers plunged by $63bn in 2020
The COVID-19 pandemic has had a severe impact on the global automotive industry, causing supply chain disruptions and factory closures. All of this placed intense…
Israel seeks commercial mission to lift U.A.E. trade to $500 million
Israel aims to open a commercial mission in its eventual embassy in the United Arab Emirates to help lift its exports to the country to…
China probes Australian wine imports as relations fray
China started an anti-dumping investigation into Australian wine, the latest measure to target the nation’s exports as relations between the two states deteriorate.
Trump praises China farm purchases after delay in trade talks
U.S. officials played damage control after trade talks with China were indefinitely delayed over the weekend, with President Donald Trump praising the country’s purchases of…
Hong Kong leader Carrie Lam has credit card trouble after U.S. sanctions
Hong Kong’s leader said she’s having trouble using her credit cards after the U.S. imposed sanctions targeting Chinese officials and their allies in the city.
U.S. Commerce further restricts Huawei access to U.S. tech and adds 38 affiliates to the entity list
The Bureau of Industry and Security in the Department of Commerce further restricted access by Huawei Technologies (Huawei) and its non-U.S. affiliates on the Entity…
Aluminum emerging as a preferred metal for electric vehicles
Multi-material vehicle construction, onslaught of electrified powertrains and battery electric vehicle platforms drive aluminum’s increased market penetration
Chinese city to halt frozen seafood, meat imports on virus worry
The Cold Chain Association of China’s southern coastal city of Guangzhou ordered all member companies to suspend imports of frozen meat and seafood from coronavirus-hit…
UAE, Israel take concrete steps to solidify peace efforts
Momentum from peace moves between Israel and the United Arab Emirates spread to the technology and aviation fronts, while the UAE talked tough to a…
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