Biden administration gives Japanese steelmaker more time to make case for controversial deal
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Sherrod Brown in asian news
Japan’s faith in US eroded by impolitic election rhetoric
Joe Biden, Kamala Harris, Donald Trump and J D Vance have all expressed spirited opposition to Japan’s Nippon Steel’s proposed acquisition of US Steel in tones and ways that have upset America’s most important Pacific ally. The following quotes convey the gist of the situation.
US slaps ‘symbolic’ tariffs on China steel, aluminum
The United States has imposed tariffs on steel and aluminum products originating from China via Mexico, closing a loophole that had allowed Chinese metal suppliers to evade US tariffs since 2018.
Why tariffs on Chinese EVs may not work
The Chinese auto sector is increasingly making global automakers and politicians hot under the collar.
New Biden tariffs on China's EVs, solar, medical supplies reportedly due Tuesday
U.S. President Joe Biden is set to announce new China tariffs as soon as next week targeting strategic sectors, including a major hike in levies on electric vehicles (EVs), according to three people familiar with the matter.