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European Union governments exposed divided views on the merits of EU tariffs on imports of China-built electric vehicles in a non-binding but still influential vote, sources with knowledge of the vote said on Tuesday.
LONDON — The International Monetary Fund on Tuesday lifted its 2024 growth outlook for the U.K. to 0.7% from 0.5%, providing a further boost to the country's new government.
The European Union (EU) remains an attractive market for China’s automakers even after the bloc imposed 17-38% tariffs on Chinese electric vehicles (EVs) earlier this month, said a Hong Kong-based prominent academic.
As the SCO aims to play a larger role in global affairs, questions will arise about its ability to coexist peacefully with Western structures and countries, especially with the SCO chairmanship passing to China, a nation increasingly at odds with the West. As a country that has built good relations with both China and the West, Kazakhstan’s role within the SCO will be essential in addressing these concerns.
JAKARTA (Reuters) -- The U.S. has approached Indonesia about joining a multinational partnership to boost the Southeast Asian nation's environmental standards as the two countries discuss a critical minerals deal, a senior U.S. official said on Monday.
Both Trump and Biden imposed high tariffs on imported products made in China and other countries. Those impositions broke with and departed from the previous half century’s policies favoring “free trade” (less or minimal government intervention in international markets).
Turkey will soon unveil an agreement with BYD to construct a US$1 billion plant in the west of the country, Turkish officials said, boosting the Chinese carmaker’s presence in Europe at a time of escalating trade tensions.