The impetus of what President Donald Trump has called “Liberation Day” is clear. He wants to impose sizable tariffs on many imports. That plays into China’s hand.
China to launch grid-connected car projects to balance power supply
China plans to launch pilot projects in nine cities that would use the country’s growing fleet of electric vehicles as batteries to shore up power supply on the grid during spikes in demand, according to a government announcement on Wednesday.
Factbox-China’s War Games Around Taiwan Over the Years
– China and Taiwan have nearly gone to war several times since 1949. The two sides last joined battle on a large scale in 1958, when Chinese forces bombed the Taiwan-controlled Kinmen and Matsu islands for more than a month, alongside naval and air combat.
Trump’s Bid to Weaken China’s Maritime Heft May Take ‘Decades’
The Trump administration’s plan to challenge China’s maritime dominance and usher through a change in the shipbuilding industry will likely be a decades-long effort, according to the chief of the Port of Los Angeles.
China’s Tariff-Dodging Move to Mexico Looks Doomed
The firms invested billions of dollars on Mexican factories that make products for the American market, shipping goods tariff-free under a U.S. trade agreement now in peril.
China Ties US Talks to Tariff Removal as Stalemate Deepens
China’s top diplomat called on the US to remove tariffs it imposed on Chinese goods for Beijing’s alleged role in America’s fentanyl crisis before holding any talks on the matter, deepening a stalemate weighing on trade ties between the world’s two largest economies.
Thailand may see hit of up to $8 bln from U.S. tariffs, says official
Thailand could suffer a $7 billion to $8 billion hit from potential U.S. tariffs if the U.S. administration were to even up levies between the two countries, but it has a strategy for trade negotiations,
Fugitive wanted over notorious drug lord’s deadly prison escape is caught on tropical island in Thailand
Police arrested a fugitive on the tropical holiday island of Phuket over a deadly prison breakout that freed a notorious drug lord nicknamed “The Fly.”
Turkey launches probe into calls for economic boycott after Istanbul mayor’s arrest
Turkish prosecutors have launched an investigation into individuals promoting economic boycotts on social and traditional media, following the arrest of Istanbul Mayor Ekrem Imamoglu. The Istanbul …
Analysis-US tariffs on Vietnam would be a blow to Nike and other sportswear brands
Nike could soon face another blow in its effort to revive its brand and reverse a long decline in sales: U.S. tariffs on imports from Vietnam. On Wednesday, U.S. President Donald Trump is expected to