The European Union has approved a sharp increase in tariffs on ceramic tableware imported from China, escalating trade tensions as Brussels moves to shield domestic manufacturers from what it describes as unfair pricing practices. Following a detailed review of anti dumping measures that
General Motors is moving production of its Buick Envision sport utility vehicle from China to the United States, marking a shift in how the automaker manages trade exposure and manufacturing geography. The Envision has been produced in China and exported to the US
Senior economic officials from the United States and China held fresh discussions on the sidelines of the World Economic Forum in Davos, offering cautious signals of stabilization after a prolonged period of trade friction. US Treasury Secretary Scott Bessent said he met with
A year that reshaped global trade tensions The United States China trade relationship entered a volatile new phase in 2025, marked by sharp tariff moves political symbolism and renewed diplomatic engagement. After years of tension, the year brought both escalation and cautious attempts
The United States has formally identified China’s semiconductor industry strategy as a significant economic risk, while postponing the full impact of new tariffs on Chinese chips until mid 2027. The decision reflects Washington’s growing concern over Beijing’s industrial policies, even as it leaves
Mexico’s government has stood firmly behind its decision to impose steep new tariffs on imports from China and several other countries, arguing the measures are essential to protect domestic employment and preserve the country’s manufacturing base. Economy Secretary Marcelo Ebrard said the policy
American exporters are breathing a sigh of relief after China announced an extension of its suspension on a key retaliatory tariff, easing some of the pressure created by this year’s renewed trade tensions between the world’s two largest economies. The move, while temporary,
The week ahead is expected to bring notable developments in global trade and diplomacy, as the United States and China begin implementing a series of coordinated measures to scale back tariffs and ease trade tensions. The move, starting November 10, marks one of
The United States and China have reached a preliminary framework for a long-awaited trade deal ahead of the upcoming meeting between President Donald Trump and President Xi Jinping in South Korea this week. According to US Treasury Secretary Scott Bessent, the framework includes
