Hike tariffs on Chinese EVs, Senate Democrats urge Biden administration

Three Senate Democrats from auto manufacturing states on Thursday urged the Biden administration to hike import tariffs on Chinese electric vehicles to address national security risks, the latest push by lawmakers to protect the U.S. auto sector. Nathan Howard | Getty Images Three Senate Democrats from auto manufacturing states on Thursday urged the Biden administration … Read more

India and South Africa block major investment deal at WTO talks

Delegates attend the 13th World Trade Organization Ministerial Conference in Abu Dhabi of Feb. 26, 2024. India and South Africa have filed a formal objection against an investment agreement at a World Trade Organization meeting in Abu Dhabi, blocking its adoption in a move that observers say could block hundreds of billions of dollars in … Read more

China expresses concerns to U.S. over tariffs, sanctions in Beijing talks

China’s financial officials expressed concerns to visiting U.S. Treasury officials about U.S. tariffs, investment restrictions and sanctions set up to “suppress” Chinese companies, the Chinese finance ministry said on Tuesday. Traveler1116 | E+ | Getty Images China’s financial officials expressed concerns to visiting U.S. Treasury officials about U.S. tariffs, investment restrictions and sanctions set up … Read more