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The high costs of new US tariffs on Chinese EVs
Published on 25/05/2024
» US President Joe Biden’s administration has just announced 100% tariffs on electric vehicles (EVs) manufactured in China, prompting Donald Trump to promise a 200% tariff on Chinese cars made in Mexico if he is elected in November. Neither policy would have notable effects on the US car market because imports of Chinese EVs are minuscule, owing to past tariffs and the anti-Chinese sentiment that has gripped the country in recent years. Nonetheless, the announcement is significant for three reasons.
For China, Europe visit part of a wider confrontation
News, Peter Apps, Published on 14/05/2024
» In the Serbian village of Budjanovci outside Belgrade, people have talked for years about the Chinese teams that descended on the area following the shooting down of a US F-117 stealth fighter in March 1999, offering to buy pieces of wreckage taken by villagers as souvenirs.
Is China stockpiling resources in case of future war?
News, Published on 29/04/2024
» In the eastern Chinese port of Dongying, the start of 2024 has often seen several tankers docked simultaneously discharging Russian crude oil into a new 31.5-million-barrel storage facility completed late last year.