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BEIJING (Reuters) -- China has opened an anti-dumping investigation into imported pork and its by-products from the European Union, a step that appears mainly targeted at Spain, the Netherlands, France and Denmark in response to curbs on its electric vehicle exports.
Contrary to the European Commission’s stance, major European automotive leaders have openly criticised the tariffs. Ola Kallenius, CEO of Mercedes-Benz, has argued for reducing tariffs and increased competition to produce better vehicles. BMW CEO Oliver Zipse has suggested tariffs will harm European competitiveness.
European Union countries approved a flagship policy to restore damaged nature on Monday, after months of delay, making it the first green law to pass since European Parliament elections this month.
China on Monday threatened to impose tariffs on pork imports from Europe, in what appeared to be retaliation for the European Union’s decision last week to impose preliminary tariffs on electric cars imported from China.
Eighty countries jointly called Sunday for the "territorial integrity" of Ukraine to be the basis for any peace agreement to end Russia's two-year war, though some key developing nations at a Swiss conference did not join in.
Group took strong lines on confronting Russia and China, but is its relevance in today’s world on the wane?
LONDON — European stocks tumbled on Friday, rounding off a choppy week that has delivered a host of fresh information for investors.
FRANKFURT, Germany -- Stellantis is partnering with battery manufacturer CATL and other Chinese players to produce electric vehicles and batteries at home in Europe, seeking to compete better against cheaper imports from China.