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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.
The high costs of new US tariffs on Chinese EVs
Oped, 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.
Green push needs united approach
News, Published on 20/05/2024
» Bridging the divide between agriculture and forestry is imperative for climate action. The global and national race is on to steeply reduce emissions over the next six years. According to the watershed Global Stocktake report, released ahead of COP28 in Dubai, we face the daunting task of reducing emissions by 43% by 2030 to retain the possibility of limiting warming to 1.5 degrees by the end of the century, and 27% to stabilise at a 2-degree temperature increase. Since the Paris Agreement was signed in 2015, we have managed only to be on track for a 2% reduction in emissions against 2019 baselines. Each subsequent year, we collectively feel the impacts of a hotter, more volatile climate as new records are set for temperature and natural disasters.
Is climate action a trump card?
News, Published on 13/05/2024
» If former US president Donald Trump returns to the White House next year, China needs to step up to assume the mantle of global climate leadership -- an outcome that many have considered impossible. After all, China has been the world's biggest emitter of greenhouse gases for nearly two decades, currently accounting for 35% of global carbon dioxide emissions. But geopolitical dynamics can shift quickly in the face of conflict, economic strife and crucial elections, meaning that China could soon be seen in a new light.
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.
The future of Bangkok-Dhaka ties
Oped, Published on 25/04/2024
» With Bangladeshi Prime Minister Sheikh Hasina having arrived in Bangkok to attend the eightieth session of the Economic and Social Commission for Asia and Pacific (Escap) from April 24-29, the stage is set for Bangladesh and Thailand to embark on a journey of enhanced cooperation.
Road realities
Oped, Postbag, Published on 23/04/2024
» Re: "Nex Point looks to Asean's growing EV market", (Business, April 20).
The correct response to Beijing's EV subsidies
Oped, Published on 09/04/2024
» US Treasury Secretary Janet Yellen's nearly weeklong visit to China, now underway, will most likely focus on US concerns about Chinese subsidies to producers of electric vehicles and other clean-tech goods.
Care across lifespans
Oped, Postbag, Published on 05/04/2024
» Re: "Gender gaps in politics and business", (Opinion, March 30).
Democracies can win tech race
Oped, Published on 04/04/2024
» The world is on the precipice of a technological cold war. As authoritarian regimes develop new digital tools that endanger open societies and threaten democratic values, the West must decide whether to compete or concede. Today, the battle for freedom is being fought in Ukraine; but the frontline could one day be in Taiwan, a global technology hub, producing the world's most advanced microchips, and a flourishing democracy less than 160 kilometres off the coast of China, which seems bent on annexing the island.