Tariffs

Cars? Pork? Perfume? China has many options if a trade war breaks out with Europe

Now that Europe has announced tariffs on China-made electric cars, the continent is bracing to see if the other shoe drops

Trump talks tariffs and taxes, calls Republican host city 'horrible'

Donald Trump criticized U.S. aid to Ukraine and suggested raising tariffs to replace the U.S. income tax on a Thursday visit to

Automakers lead European shares lower; Italian stocks slide

European shares slipped on Thursday, with automakers falling on continued jitters over the European Union's new tariffs on imported Chinese electric

German carmakers most exposed to Chinese counter-tariffs

Retaliatory tariffs by China to the European Commission's proposed additional duties of up to 38.1% on Chinese-made electric vehicles could spell trouble for European carmakers.

Bound by rules and economics, EU trails U.S. on China tariffs

The European Union's plan to hike tariffs on Chinese electric vehicles (EVs) reflects a firming of its stance towards Beijing, but falls short of a tougher

European auto stocks fall on uncertainty over China's tariff response

Shares of some of Europe's biggest carmakers fell further on Thursday on uncertainty over how China might respond to the EU's new tariffs on imported Chinese electric

China's Chery Auto: EU factory will help mitigate EV tariffs

Chery Auto, China's largest automaker by export volume, expects its planned production in Europe to help offset the impact of European Union tariffs on imports of China-made electric

China's Geely expresses disappointment in EU tariff decision, vows 'necessary measures' to safeguard rights

Chinese automaker Geely on Thursday expressed "great disappointment" in the European Union's decision to increase tariffs on Chinese-made electric vehicles, vowing "all necessary

Chinese firms reserve right to request investigations into EU pork, dairy

Chinese firms reserve the right to request anti-subsidy and anti-dumping investigations into European dairy and pork imports, the country's commerce ministry said on

Germany says 'serious movement' needed from China in EV tariff row

Germany wants "serious movement" from China on the issue of tariffs on imported electric vehicles and hopes that talks in the coming weeks can stave

US manufacturing group calls for stronger protection against Chinese imports

A policy group led by the United Steelworkers union and domestic manufacturers is calling for the U.S. to enact stronger trade barriers to Chinese imports after

Voters trusted Trump on his tariffs approach. Analysts discuss the risks

President-elect Donald Trump on Monday promised massive hikes in tariffs on goods coming from Mexico, Canada and China starting on the first day of his administration. Panelists join CNN's Kaitlan Collins to discuss.

German deputy leader visits China as EU tariff tensions simmer

German Economy Minister Robert Habeck set off on Wednesday for a visit to China to try to deepen economic ties while helping manage the fallout of the EU's threat

Chinese automakers seek retaliatory tariffs on EU cars, state media reports

Chinese automakers have urged Beijing to hike tariffs on imported European gasoline-powered cars in retaliation for Brussels' curbs on exports of Chinese-made EVs,

EU to impose tariffs on Ukrainian eggs in import curbs

The European Commission will introduce tariffs on Ukrainian egg imports into the European Union within the next two weeks after a previously agreed annual threshold for those

Most Japan firms see no need to follow the U.S. with tariffs on China: Reuters poll

Most Japanese companies see no need for their government to follow the U.S. in raising tariffs on Chinese imports, saying excessive production capacity in China's

Yellen says Biden's China tariffs are strategic, Trump's would raise costs

U.S.

What happens next in the EU investigation into Chinese EVs?

China and the European Commission have agreed to start talks on the planned imposition of tariffs on Chinese-made electric vehicles (EVs) being imported into

EU tariffs on China not a 'punishment', says German economy minister

Proposed European Union tariffs on Chinese goods are not a "punishment", Germany's Economy Minister Robert Habeck told Chinese officials in Beijing on Saturday.

EU and China set for talks on planned electric vehicle tariffs

China and the European Union have agreed to start talks on the planned imposition of tariffs on Chinese-made electric vehicles (EVs) being imported into the

China wants EU to scrap EV tariff plans as talks start

Beijing wants the EU to scrap plans to impose preliminary tariffs on Chinese electric vehicle imports by July 4, China's state-controlled Global Times

China, EU are open to talks on plans to hike tariffs on Chinese EVs

Officials say that China and the European Union are open to holding talks on the EU's recent decision to sharply raise tariffs on imports of Chinese-made electric vehicles

Canada, inspired by EU and US, considers imposing import tariffs on Chinese EVs

Canada said on Monday it was considering whether to impose tariffs on China-made electric vehicles as it seeks to align itself with allies

Chinese companies seek assurances from Malaysia on avoiding US tariffs, FT reports

Chinese executives have been meeting top Malaysian officials to seek assurances they can avoid U.S. tariffs if they relocate their battery, medical devices and semiconductor manufacturing

Volvo to delay EX30's US shipments due to higher tariffs on Chinese imports

Volvo Cars will postpone the U.S. deliveries of its EX30 electric vehicle as it focuses on expanding production of the compact SUV outside China in the wake of tariff hikes on exports from

China hopes for EV tariff deal with EU that suits both sides

China hopes negotiations will lead to a "mutually acceptable solution" with the European Union on preliminary tariffs on Chinese electric vehicles (EV) scheduled to take effect on

Surveys show Chinese economy growing but at modest pace

Surveys of Chinese factory managers show a mixed outlook for the world's No. 2 economy, with growth steady but not picking up much steam

Polestar posts loss, plans steps to offset tariffs on China-made EVs

Electric vehicle (EV) maker Polestar said it will have to take steps to offset hefty EU and U.S. import tariffs on its Chinese-made electric cars as it posted a

EU governments hesitant on Chinese EV tariffs as trade spat escalates

EU countries are wavering over whether to back additional tariffs on Chinese-built electric vehicles, highlighting Brussels' challenge in

China EV makers brace for tariffs as Beijing, EU engage in talks

With the clock ticking for the European Commission to impose provisional tariffs on electric vehicles made in China, automakers are bracing for

Carmakers respond to EU tariffs on Chinese-made EVs

With the European Union's extra duties on Chinese-made electric vehicles (EVs) taking effect on Friday, some carmakers have been considering whether to raise their prices or take other

China's Xi greets EU Council president ahead of EV tariffs taking effect

China's President Xi Jinping made a congratulatory call on Thursday to incoming European Council President Antonio Costa, Chinese state media said, a few hours before European

China and EU held technical talks on impending EV tariffs

China and Europe held several rounds of technical talks over tariffs on Chinese electric cars that the European Commission is set to confirm on Thursday, China's commerce ministry

China-built EVs hit with duties in biggest EU trade case yet

The European Union will impose tariffs of up to 37.6% from Friday on imports of electric vehicles made in China, EU officials said

China's BYD inaugurates first plant in Thailand as it expands reach into Southeast Asia

Chinese automaker BYD has inaugurated its first electric vehicle plant in Thailand, part of the company's effort to expand into Southeast Asia while also tackling wealthier markets in the U.S. and Europe

China steps up pressure with EU brandy probe hearing as EV tariffs begin

China announced the next step in its anti-dumping investigation into European brandy imports on Friday, ramping up tension on the day the European Commission's

China cognac probe is a reaction to EU car tariffs, says Hennessy owner LVMH

China's anti-dumping probe into Europe's cognac industry is a tit-for-tat reaction to European Union tariffs on Chinese electric vehicles, the finance chief at

China autos group 'strongly dissatisfied' with EU anti-subsidy tariffs

The China Association of Automobile Manufacturers (CAAM) is "strongly dissatisfied" with anti-subsidy tariffs proposed by the European Union, the industry group said in a

Beijing steps up probe into EU brandy imports as trade tensions deepen after tariffs on Chinese EVs

Beijing steps up probe into EU brandy imports as trade tensions deepen after tariffs on Chinese EVs

New US solar duties would raise costs and threaten climate goals, report says

Solar panel prices could increase by as much as 66% if the U.S. puts new tariffs on imports from Southeast Asia, threatening the nation's goals for an energy source critical to combating

China's exports seen rising more quickly in June amid fresh tariff fears: Reuters poll

China's exports likely grew at the fastest pace in fifteen months in June, as manufacturers front-load shipments in anticipation of tariffs from a growing number of the

China examining if EU is putting up ‘trade barriers’ as tensions intensify

China examining if EU is putting up ‘trade barriers’ as tensions intensify

Biden administration to tax foreign-made steel and aluminum imports routed through Mexico

The Biden administration is imposing tariffs on steel and aluminum shipped from Mexico that were made elsewhere

US needs stronger defenses against China's overcapacity, Treasury official says

The U.S. may need to take further and "more creative" actions beyond tariffs to protect U.S. industries and workers against China's growing excess industrial

China's exports top forecasts, but falling imports point to more stimulus

China's exports grew at their fastest in fifteen months in June, suggesting manufacturers are front-loading orders ahead of tariffs expected from a growing number of

China’s exports grow 8.6% in June, beating forecasts despite trade tensions

China’s exports beat forecasts in June, while imports grew less than expected

Germany set to abstain in vote on EU tariffs for China EVs, sources say

Germany is set to abstain in Monday's vote by European Union member states on imposing provisional tariffs on China-made

EU may cut China EV import tariffs for Volkswagen and BMW, sources say

The European Commission has signalled to Volkswagen and BMW that it may consider lowering tariffs on the two carmakers' imports of China-made EVs, two sources with

Biden and Trump offer worlds-apart contrasts on issues in 2024's rare contest between two presidents

It hasn’t happened in almost anyone’s lifetime: two presidents squaring off in one election

Volvo Cars blames EU tariffs as it cuts 2024 sales forecast

Volvo Cars cut its full-year retail sales forecast on Thursday, blaming European tariffs on EVs made in China that will hit one of the Swedish

EU to set tariffs on Chinese biodiesel in anti-dumping probe

The European Union is set to impose provisional duties on Chinese biodiesel after finding it is being sold in EU markets at unfairly low prices, in the latest in a string of trade

Chinese industry body tells EU to correct its findings on EVs

EU tariffs on electric vehicles built in China breach global trading rules and must be corrected, an industry body representing 12 Chinese automakers told the

US says start of new China tariffs will be delayed by at least two weeks

The U.S.

China's BYD explores Canadian auto market entry -regulatory filing

Chinese EV maker BYD, is looking to enter the Canadian automotive market, according to a regulatory document filed earlier this month, even as Canadian officials consider imposing tariffs

Canadian union Unifor calls for strict tariffs on imported Chinese EVs, components

Canadian labour union Unifor called on the federal government on Thursday to impose tariffs on all Chinese-made electric vehicles (EVs), EV batteries and other

Sharpie-maker Newell moves more operations from China as tariffs loom

Sharpie pen maker Newell Brands is moving some production of kitchen appliances out of China and has relocated manufacturing for its writing business to

Elf Beauty projects annual forecasts below estimates as consumers spend cautiously

Elf Beauty forecast annual sales and profit below estimates on Thursday and said it would raise prices of its products if Republican presidential

US retailers rush holiday imports, fearing strikes and disruptions

Retailers are fueling a summer rush of imports to the United States this year as companies guard against a potential strike by port workers

China auto sales fall in July, while exports jump about 20% as automakers expand across the globe

Auto sales in China faltered in July, falling 5% from a year earlier, although exports jumped about 20% from a year earlier as makers of electric vehicles expanded into global markets

China files WTO complaint against EU over tariffs on electric vehicles

The Chinese government has filed a complaint with the World Trade Organization over European Union tariffs on electric vehicles made in China

EU executive confident its Chinese EV measures comply with WTO, says probe continues

The European Commission is confident its investigation into, and measures against, state subsidies for Chinese electric vehicles are compatible with World Trade Organization rules

Swedish EV maker Polestar starts U.S. production, avoiding heavy tariffs

Boom, bust, boom: Treasury Wine's China story

Treasury Wine Estates, Australia's leading winemaker, issued its first annual results since China removed punitive levies on Australian wine imports and forecast a strong fiscal 2025 as it

Tesla to get lower EU tariff on its Chinese-made EVs

The European Union has slashed its planned extra tariff on Tesla electric vehicles imported from China by more than half, the bloc's executive

China auto body says EU draft on tariffs for Chinese EVs brings 'enormous risks'

The China Association of Automobile Manufacturers (CAAM) said it firmly opposes a revised draft from the European Union on punitive tariffs for Chinese made electric vehicles,

China opens anti-subsidy probe into EU dairy imports in pushback against EV tariffs

China opened an anti-subsidy probe into dairy imports from the European Union on Wednesday, stepping up tension with the bloc a day after Brussels

China opens investigation into EU dairy exports as trade tensions flare

European milk and cheese producers have become the latest target in a simmering trade war with China

China to probe European dairy imports as trade dispute escalates

China to probe European dairy imports as trade dispute escalates

Reactions to China's anti-subsidy probe on EU dairy imports

China launched an anti-subsidy investigation into dairy imports from the European Union a day after the bloc's revised tariff plan for China-made electric vehicles.

US industry seeks easing of steep Biden-Harris China tariff hikes

The Biden-Harris administration this week is expected to announce final implementation plans for steep tariff increases on certain Chinese imports, and if U.S.

Canada imposes a 100% tariff on imports of Chinese-made electric vehicles, matching the US

Canada’s government says it is imposing a 100% tariff on imports of Chinese-made electric vehicles that matches U.S. tariffs and follows similar plans announced by the European Commission

Canada to impose 100% tariff on Chinese EVs, including Teslas

Canada, following the lead of the United States and European Union, said on Monday it will impose a 100% tariff on imports of Chinese electric

China accuses Canada of protectionism over 100% tariffs on electric vehicles

China has accused Canada of protectionism after Prime Minister Justin Trudeau’s government imposed a 100% tariff on imports of Chinese-made electric vehicles

Tesla asked Canada for lower tariff on China-made EVs, government source says

Before Canada said this week it was imposing a 100% duty on Chinese-made electric vehicles, Tesla approached Ottawa and asked for a lower tariff on its autos, a

China will not impose anti-dumping measures on EU brandy for now

Beijing said on Thursday it would not impose provisional tariffs on brandy imported from the European Union despite finding it had

Shares of European spirits makers jump as China drops provisional brandy measures

Shares in French spirits makers Remy Cointreau and Pernod Ricard rallied on Thursday after China's commerce ministry said it will not immediately

US trade chief Tai lauds Canada's steep new tariffs on Chinese EV, metals

U.S.

USTR delays final determination on China tariffs, announcement due in coming days

The Biden administration on Friday again delayed an announcement of its final determinations for steep U.S. tariff hikes on Chinese-made electric vehicles,

China urges US to 'immediately' lift all tariffs on Chinese goods

The United States should immediately lift all tariffs on Chinese goods, the Chinese commerce ministry said on Thursday, ahead of an announcement by the Biden administration on

China requests consultations with Canada at WTO over tariffs

China said on Friday it had requested talks with Canada at the World Trade Organization on tariffs Ottawa has imposed on its electric vehicles as well as steel and aluminum goods,

Lawmakers probe if US retailers bought Chinese auto parts that evaded tariffs

A bipartisan group of lawmakers asked the CEOs of six major auto parts retailers if they bought products from a Chinese company that may have evaded U.S.

China says its huge market is opportunity not threat to US

A modern China with a huge population is an opportunity, not a threat, for the United States, China's Ministry of Commerce reported commerce vice minister Wang Shouwen as saying

China's exports up solidly but slowing imports dim trade outlook

China's exports grew at their fastest pace in nearly 1-1/2 years in August, suggesting manufacturers are rushing out orders ahead of tariffs expected from

EU to trim proposed tariffs on Tesla, other EVs from China

The European Union will lower proposed final tariffs on Tesla and slightly trim rates for other electric vehicles from China after taking into account submissions by the companies

China proposes negotiations with EU to resolve EV tariff dispute

China has renewed its offer for talks with the European Commission to address economic and trade frictions to try to ease impending punitive tariffs on China-made electric vehicles.

Chinese-Swedish Lynk & Co brand will not raise prices because of tariffs, Europe CEO says

Chinese-Swedish EV brand Lynk & Co, which will launch its first China-made battery-electric car in Europe next month, said it did not intend to pass on the

US lawmakers urge Biden to close tariff 'loophole' for Chinese small package imports

A majority of Democratic U.S.

China's Chery plans investment drive to build Omoda, Jaecoo brands in Europe

Chinese carmaker Chery Auto is ready to spend billions of euros to ensure its Omoda and Jaecoo brands are embraced by European customers within three years, the head of the two

Potential return of Trump fuels concern among emerging market investors

A tight U.S. presidential election race has unnerved investors in emerging markets, who fear a return of former President Donald Trump to the White House could hurt

Trump's plan to hike tariffs would spike shipping costs, just like in 2018, experts say

U.S. presidential contender Donald Trump's plan to hike tariffs on imports if he is elected back to the White House in November would send cargo rates soaring

EU rejects minimum price offers from Chinese EV exporters

The European Commission said on Thursday it had received offers from electric vehicle makers in China for minimum import prices into the European Union as a

Biden is taking on cheap products from China. It could mean higher prices

The Biden administration is cracking down on the cheap products sold out of China by companies such as Temu and Shein

China's online retailers Shein, Temu in focus as US aims to plug trade "loophole"

The Biden administration said on Friday it was moving to curb low-value shipments entering the U.S. duty-free under the $800 "de minimis" threshold that has been exploited

EU plans Sept 25 vote on raising tariffs on EVs from China, Bloomberg News reports

The European Union is aiming to hold a vote to introduce definitive tariffs on electric vehicles imported from China on Sept.

China opposes US tariff hikes, vows steps to defend its firms' interests

Beijing firmly opposes U.S. tariff hikes on Chinese imports, China's commerce ministry said in a statement on Saturday, urging the U.S. to immediately correct its "wrongdoings" and

US voters narrowly support Trump's tariff pitch, Reuters/Ipsos poll finds

Donald Trump's campaign vow to increase tariffs on imported goods, particularly from China, has the support of a narrow majority of U.S. voters, illustrating his

The Fed keeps brushing off concerns about another Trump presidency. Closed-door meetings from his first term show otherwise

The Fed keeps brushing off concerns about another Trump presidency. Closed-door meetings from his first term show otherwise

Australia reaches trade deal with UAE to boost agriculture exports, investment

Australia said on Tuesday it had reached a trade deal with the United Arab Emirates that would remove tariffs for about 99% of Australian products, and result in savings of A$135

Trump tailors his message to key state of Michigan as he returns to the campaign trail after apparent assassination attempt

Trump tailors his message to key state of Michigan as he returns to the campaign trail after apparent assassination attempt

Trump pledges tariffs and repeats false claim of Chinese automakers building big Mexican factories

Former President Donald Trump has repeated false claims that Chinese automakers are putting up large factories in Mexico

China says will negotiate 'until the last minute' on EU EV probe

China's commerce minister said on Wednesday that Beijing will continue to negotiate "until the last minute" on the European Union's electric vehicle probe, with the investigation

US Senator proposes barring Chinese firms using third countries to evade tariffs

Republican U.S.

USTR to take comments on tariff hikes for Chinese polysilicon, wafers, tungsten

The U.S.

EU challenges China's dairy product probe at WTO

The European Commission launched a challenge at the World Trade Organisation (WTO) on Monday against China's investigation into EU dairy products, initiated

Trump threatens John Deere with 200% tariffs if production moves to Mexico

Donald Trump said on Monday he would slap a 200% tariff on John Deere's imports into the United States if the company moved production to

Trump plays the fear card on the economy – and it seems to be working

Trump plays the fear card on the economy – and it seems to be working

Trump calls for 100% tariffs on cars made in Mexico as part of US manufacturing plan

Donald Trump has pledged to stop U.S. businesses from shipping jobs overseas and to take other countries’ jobs and factories by relying heavily on sweeping tariffs

Trump says he will put 100% tariffs on every car coming across Mexico border

Republican presidential candidate Donald Trump said on Tuesday that he will put a 100% tariff on every car coming into the United States across the Mexican border if he wins the Nov. 5

China targets Canada's tariffs with anti-discriminatory probe

China has launched an anti-discriminatory investigation against restrictive measures taken by Canada including additional tariffs on Chinese electric vehicles, steel and aluminum

Stellantis CEO follows Chinese route to avoid EV tariff 'trap'

Stellantis wants to adopt the low-cost mindset of Chinese EV makers despite the European and U.S. tariffs CEO Carlos Tavares

Trump favors huge new tariffs. What are they, and how do they work?

Former President Donald Trump has proposed a 60% tariff on goods from China and a 20% tariff on everything else the United States imports

EU to vote on Oct 4 to finalize tariffs for China-made EVs, Bloomberg News reports

The European Union is planning to vote on whether to introduce tariffs as high as 45% on imported electric vehicles made in China on Oct.

US to unveil first of two decisions on more solar tariffs

U.S. trade officials this week may impose new tariffs on solar panels from four Southeast Asian nations that American manufacturers have complained employ unfair subsidies

China, US to hold talks on economic and trade issues, Xinhua reports

Chinese Commerce Minister Wang Wentao and his U.S. counterpart will hold a call in the near future on trade and economic ties, China's state-run Xinhua news agency reported on

US-China talks helping avoid Chinese retaliation against tariff hikes-Treasury official

China has not retaliated against U.S. tariff increases on Chinese imports partly because of continued dialogue between the world's two largest economies, the U.S

EU has enough support to impose Chinese EV tariffs, sources say

France, Greece, Italy and Poland will vote on Friday in favour of tariffs of up to 45% on imports of electric vehicles (EVs) made in China, sources said,

Kaine and Cao face off in only debate of campaign for US Senate seat from Virginia

U.S. Sen. Tim Kaine of Virginia and Republican challenger Hung Cao have gone toe to toe in their only debate of the campaign over issues from illegal immigration to tariffs on foreign goods

Germany to vote against EU tariffs on Chinese electric vehicles, sources say

Germany on Friday will vote against the introduction of European Union tariffs on Chinese electric vehicles, people with knowledge of the matter told Reuters on

Spain calls for compromise with China ahead of EU vote on EV tariffs

The European Union should seek a compromise and negotiated outcome with China, Spain said on Thursday, on the eve of a crucial EU vote on electric vehicle (EV)

EU presses ahead with Chinese EV tariffs after divided vote

The European Union will press ahead with hefty tariffs on China-made electric vehicles, the EU executive said on Friday, even after the bloc's largest economy

EU plan to press ahead with China EV tariffs bad for ties and green ambitions -Xinhua

The European Commission's decision to press ahead with tariffs on Chinese-made electric vehicles threatens to undermine decades of cooperation between China and the EU, and

VW CEO: Chinese automakers should be allowed to avert tariffs by investing in EU

The CEO of German carmaker Volkswagen said the European Union should consider adjusting planned tariffs against China-made electric vehicles to make allowances for investments

Trump threatens a 200% tariff on vehicles imported from Mexico

Republican U.S. presidential candidate Donald Trump on Sunday said he would slap tariffs as high as 200% on vehicles imported from Mexico as he

EU backing for China EV tariffs shows Berlin's waning influence

German Chancellor Olaf Scholz's rejection of EU tariffs on Chinese electric vehicles failed to stop fellow European Union members voting in favour, exposing

China puts provisional tariffs on European brandy after EU OKs duties on Chinese EVs

Chinese drinkers may pay more for Remy Martin and other European brandies after the government announced provisional tariffs of 30.6% to 39%

China targets brandy in EU trade tit-for-tat after EV tariff move

China imposed temporary anti-dumping measures on imports of brandy from the EU on Tuesday, hitting French brands including Hennessy and Remy Martin, days after the 27-state

China says anti-dumping move on EU brandy is legitimate trade measure

China's anti-dumping measures against brandies imported from the European Union are "legitimate trade remedy measures", the commerce ministry said on Wednesday, a day after imposing

Luxury goods unlikely to be next target of China's EU trade retaliation, analysts say

European

What matters most to world markets in a tight US election race

The U.S. presidential election, the most consequential vote for financial markets in an election-packed year, is weeks away.

China warns EU against separate EV price negotiations

China urged the European Union on Saturday not to conduct separate negotiations over the price of China-made electric vehicles sold in the EU, warning that this would "shake the

Trump suggests tariffs higher than 200% on vehicles from Mexico

Republican U.S. presidential candidate Donald Trump on Sunday suggested he could impose tariffs higher than 200% on vehicles imported from Mexico, saying his aim would be to prevent the

Chinese carmaker GAC looks at making EVs in Europe as tariffs loom

Chinese state-owned carmaker GAC is exploring the manufacture of EVs in Europe to avoid EU tariffs, the general manager of its international business told Reuters

China, Vietnam, South Korea could see 1% GDP hit from Trump presidency, say Fitch

A second Donald Trump presidency could lead to significantly lower economic growth in several Asian economies, with China, South Korea and Vietnam particularly affected, ratings

Hard to see Chinese EV price deal by end of October, says EU official

EU talks with Beijing on minimum import prices to avert the bloc's tariffs on China-built electric vehicles pose a "formidable challenge" as cars are complex

EU 'wants level playing field', but still negotiating with China on car tariffs

The European Union wants a level playing field with China on car tariffs and is negotiating with Beijing on mechanisms such as price commitments or investments in Europe as a

China-Europe rivalry heats up at Paris car show as EV tariffs loom

Chinese and European automakers went head-to-head at the Paris

BYD tells EU to 'stay away' from tariffs as it expands European supply chain

Chinese EV giant BYD on Monday slammed the EU's planned tariffs on Chinese-made EVs but said it planned to make almost all the cars it sells in Europe locally,

Trump uses interview on economics to promote tariffs and riff on his favorite themes

Donald Trump has seized on an opening to sound his frequent argument that imposing huge tariffs on foreign goods would amount to an economic elixir — one he claims would raise enormous sums for the government, protect U.S. firms from overseas competition and prod foreign companies to open factories in the United States

Ignore the word ‘tariff’ — Trump is pitching higher taxes

Ignore the word ‘tariff’ — Trump is pitching higher taxes

US presidential election looms over IMF and World Bank annual meetings

Global finance leaders are facing a major uncertainty as they meet in Washington next week: Who will win the U.S. presidential election and shape the policies of the world’s biggest economy

Billionaire Cuban stumps for Harris as Musk hits trail for Trump

Billionaire Mark Cuban chided fellow billionaire and Republican presidential candidate Donald Trump on Thursday for his proposal to

One presidential candidate’s policy could cost you $2,600+ per year. Here’s why

CNN's Vanessa Yurkevich explains how former President Donald Trump and Vice President Kamala Harris’ tariff plans could affect American voters.

Trump says he would impose tariffs on China if China went into Taiwan

Republican presidential candidate Donald Trump said he would impose additional tariffs on China if China were to "go into Taiwan," the Wall Street Journal

Latin America braces for US election impact on trade, tariffs

By Rodrigo Campos Latin America is anxiously counting the days to Nov. 5, when U.S. voters will choose between relative continuity under Vice President Kamala Harris or a return to policies that

German carmakers should not be afraid of Chinese competition, says Scholz

German automakers should not be afraid of competition from China, Chancellor Olaf Scholz said on Monday at the opening of Mercedes-Benz's first battery recycling plant,

China's exporters run for cover as US election nears

If Donald Trump wins next month's U.S. presidential election, Mike Sagan's toy-making company will halve its China supply chain

Trump presidency could deal heavy blow to Germany's flagging economy

Germany would be the big loser if a Trump presidency sparked a tit-for-tat trade war between the United States and Europe, with Germany's previously much-

Thaw in China ties unlikely to deter India's plans for steel tariffs, source says

Signs of thawing ties a day after the leaders of India and China met are unlikely to deter New Delhi's plans to back tariffs on steel as they are not country-

EU, China agree to more talks on potential alternatives to EV tariffs

The European Union and China have agreed to hold further technical negotiations soon on possible alternatives to tariffs on China-built electric vehicles, the European Commission

New US tariffs could prompt Signify to move some production from China, CEO says

Lighting maker Signify is considering moving some of its production out of China if the company is confronted with a new round of U.S. tariffs, its chief

China expresses concern over tariffs, sanctions in US meeting

China expressed concern over U.S. tariffs and Russia-related sanctions during a meeting of the two countries' Economic Working Group in Washington, China's finance ministry said

Trump says he’s open to eliminating income taxes and repeats ‘enemy from within’ rhetoric on podcast with Joe Rogan

Trump says he’s open to eliminating income taxes and repeats ‘enemy from within’ rhetoric on podcast with Joe Rogan

‘Why not?’: Trump says he would consider replacing income tax with tariffs

Former President Donald Trump told podcaster Joe Rogan that he would consider replacing the income tax with tariffs. CNN's Alayna Treene reports.

China again warns EU against separate talks with EV makers

China renewed warnings to the European Union that if the bloc conducts separate negotiations with electric vehicle companies while in talks with China, that would "shake mutual

What happens as EU concludes investigation of Chinese-made EVs?

The European Union formally approved imposing tariffs on Chinese-made electric vehicles (EVs) on Tuesday after an investigation that has divided the bloc and

First Solar lowers annual sales forecast, posts rise in Q3 profit

U.S. solar panel maker First Solar lowered its sales forecast for the current year on Tuesday, even after reporting a rise in third-quarter profit helped by higher prices following

Europe will pay a 'big price,' Trump warns on tariffs

Republican U.S. presidential candidate Donald Trump said on Tuesday the European Union would have to "pay a big price" for not buying enough American exports if he won the Nov.

China tells carmakers to pause investment in EU countries backing EV tariffs, sources say

China has told its automakers to halt big investment in European countries that support extra tariffs on Chinese-built electric vehicles, two people briefed about the matter said,

China pivot from US farm imports bolsters it against trade war risks

China's push to shift its food import sources since 2018 has put it in a better position to impose tit-for-tat tariffs on U.S. farm goods

China urges palatable EV trade solution from EU as France defends bloc

China has urged France to push the European Commission towards a solution acceptable to both the European and Chinese electric vehicle industries, while France said the

You will pay for Donald Trump’s tariffs. Here’s proof

You will pay for Donald Trump’s tariffs. Here’s proof

China files complaint at World Trade Organization over EU tariffs on Chinese electric vehicles

China has moved forward with a complaint at the World Trade Organization that alleges the European Union has improperly set anti-subsidy tariffs on new Chinese-made electric vehicles

Trump's tariff plan could cost Americans $78 billion in annual spending, NRF study shows

U.S. shoppers could lose up to $78 billion in annual spending power annually if presidential candidate Donald Trump's new tariffs proposal on imports are implemented, a study from the

Trump warns, if elected, he'll impose tariffs on Mexico, China over fentanyl

Republican presidential candidate Donald Trump warned on Monday that, if elected, he would punish Mexico and China with tariffs unless both governments moved to stop the flow of

China's messy EV dispute with Europe keeps trade tensions in check

Fears of a widening tariff war between China and other major exporting nations are keeping diplomacy between the world's second-largest economy and the

UK economy risks big hit under Trump tariffs plan, think tank says

A leading British think tank said on Wednesday that the country's already slow economic growth rate could be more than halved if Donald Trump wins the U.S. presidential election and

Ottawa must ensure Trump understands importance of Canadian oil to US, minister says

Ottawa must make sure the Trump administration understands how inter-related energy markets are in the U.S. and Canada, a Canadian government minister said on Thursday,

China's markets drop as Trump presidency looms

China's yuan and stock markets fell sharply on Wednesday as the prospect of another Donald Trump presidency and Republican control of U.S.

South Korean trade minister sees firms investing more in US if Washington imposes tariffs

South Korea's trade minister said on Wednesday he saw domestic companies investing more in the United States if the next U.S. administration

Wall Street girds for Trump 2.0: Tariffs, tax cuts and volatility

With Donald Trump heading back to the White House, Wall Street is anticipating the potential for lower taxes, deregulation and a U.S. president who is quick to sound off

BMW downplays US tariff fears as car stocks hit multi-year lows

Potential import tariffs under the U.S. presidency of Donald Trump may benefit BMW, its CEO said on Wednesday, even as shares in the German premium carmaker

Facing tariff threat, Europe eyes options to appease Trump

The European Union is considering options to appease Donald Trump on his return to the White House as it braces for a resumption of U.S. tariffs and other

For Europe's markets, Trump's return spells euro pain but bond gains

Investors are bracing for further economic pain in Europe that could deepen euro losses and hurt its stocks, as a second Donald Trump presidency

Why Trump's proposed tariffs could cost you $2,600+ per year

Former President Trump is headed back to the White House. CNN's Vanessa Yurkevich explains how his tariff plan could affect Americans.

Taiwan will help companies move from China given likely Trump tariffs

Taiwan will help companies relocate production from China given the likely large impact from tariffs that incoming U.S.

China's exports soar past forecast as factories front-run Trump tariff threat

China's exports grew at the fastest pace in over two years in October as factories rushed inventory to major markets in anticipation of further tariffs from the U.S. and

US farm exports to China at risk from Trump's tariff threat

Chinese imports of U.S. farm goods, which have slowed since the trade war during Donald Trump's first presidential term, could be hit again if tariff hostilities

Turkey hopes for lower US tariffs under Trump, lira rallies

Turkey expects Donald Trump's White House will lower tariffs on its steel and textile exports, the trade minister said on Thursday, as the

U.S. farm producers brace for hit to exports to China in Trump administration

U.S. agriculture producers are bracing for the prospect of a fresh trade war under U.S.

Unilever, Procter & Gamble face risk from Trump's threatened Mexico tariffs

Procter & Gamble and Unilever are among big packaged goods companies that would be exposed if U.S.

Trump unlikely to impose full tariff plan - S&P Global

U.S.

Europe faces serious, tough trade talks with U.S, says Hungary's Orban

Europe and the United States face tough talks on trade after Donald Trump's U.S. election victory, Hungarian Prime Minister Viktor Orban said on Thursday.

Sunscreen-maker Edgewell looks to lock in Chinese chemicals supply ahead of Trump tariff hikes

U.S. sunscreen-maker Edgewell Personal Care will look to reach new two- to three-year contracts for Chinese chemicals to help control costs as the company

Southeast Asia prepares for factories fleeing Trump tariffs on China

Companies have been moving factories from China to Southeast Asia, anticipating Donald Trump would slap high tariffs on Beijing if he

Indonesia preparing scenarios to anticipate Trump's policies

Indonesia has prepared scenarios to anticipate the impact of potential policies from U.S. president-elect Donald Trump, a finance ministry official said on Friday.

Brazilian firms tout U.S. plants, leaning into Trump trade wars

Two of Brazil's biggest industrial firms, steelmaker Gerdau and plastics producer Braskem, are already touting their substantial

WTO head unopposed in bid for second term, but could face opposition from Trump

No other candidate has come forward to challenge World Trade Organization head Ngozi Okonjo-Iweala's bid for a second term at the Geneva-based trade body, two sources

Trump promised massive tariffs on imports but how he’ll pull it off is still being figured out

Trump promised massive tariffs on imports but how he’ll pull it off is still being figured out

Trump has not asked Lighthizer to reprise US trade chief post, sources say

Former U.S.

Trump's proposed tariffs on Canada would drive up pump prices, analysts warn

U.S.

EU does not want trade war with Beijing, says bloc's ambassador to China

The EU does not want a trade war with Beijing but five years of talks have yielded no real progress, the bloc's ambassador to China said on Saturday, adding that

Mexico economy chief suggests possible tariff retaliation against US

Mexico's Economy Minister Marcelo Ebrard suggested on Monday that the Mexican government could retaliate with its own tariffs on U.S. imports if the incoming Trump

Mexico warns Trump tariffs would kill 400,000 US jobs, threatens retaliation

Mexican President Claudia Sheinbaum said on Wednesday Mexico would retaliate if U.S.

Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs

Oil producers in Canada and Mexico will likely be forced to reduce prices and divert supply to Asia if U.S.

Peltz says Trump-election stock market rally cannot continue uninterrupted

Hedge fund manager Nelson Peltz, who backed president-elect Donald Trump this year, said the election-fueled stock market rally cannot continue

Bridgewater co-chief investment officer says US stocks are 'good thing' to hold now

Bridgewater Associates Co-Chief Investment Officer Karen Karniol-Tambour said on Tuesday U.S. stocks are a "good thing" to hold, adding she expects robust

US protectionism would be extremely harmful to US and Europe, says EU Commission

Increased protectionism of U.S. trade policy would be extremely harmful to both the United States and to Europe, European Economic Commissioner Paolo Gentiloni said on Friday.

Canada is already examining tariffs on certain US items following Trump's tariff threat

A government official says Canada is already examining possible retaliatory tariffs on certain items from the United States should President-elect Donald Trump follow through on his threat to impose sweeping tariffs on Canadian products

ECB's Nagel says Trump's tariffs may have minor impact on inflation

The tariffs promised by U.S.

Trump claims a win on immigration after a call with Mexico's president. But she suggests no change

President-elect Donald Trump is declaring a win on stopping illegal immigration through Mexico after talking with that country’s leader

ECB fears Trump tariff effect on growth more than on inflation

Two top European Central Bank policymakers signalled on Monday they were more worried about the damage that expected new U.S. trade tariffs would do to economic growth in the euro

How China reduced its reliance on US farm imports, softening trade war risks

Since the U.S. and China imposed tit-for-tat tariffs in their trade war during Donald Trump's first presidential term, Beijing has taken steps to reduce its reliance

Swiss flag concerns over Trump's US tariff hike proposals

Switzerland said on Tuesday it was concerned by U.S.

Walmart, other US companies raise concerns over proposed Trump tariffs

Corporate executives were taking a wait-and-see approach to President-elect Donald Trump's vow to impose heavy tariffs on imports when he

Mexico warns about Trump tariff impact on U.S. companies

Mexico's top economy officials on Tuesday downplayed concerns about trade talks with Donald Trump's administration, saying the potential impact on American

Swiss industry gloomy over prospects as sales and exports slip

Swiss industry is struggling with falling orders and sales as weaker European demand and a strong franc hit exporters, with two surveys showing companies gloomy about

Trump to unleash nearly 40% tariffs on China in early 2025, hitting growth: Reuters poll

The United States could impose nearly 40% tariffs on imports from China early next year, a Reuters poll of economists showed, potentially

Japan and UK ministers to cooperate in face of US tariff concerns, Nikkei reports

Japan and Britain are planning to establish a framework between their foreign and trade ministers on economic and trade matters, the Nikkei business daily reported on Wednesday.

US executives weigh risks from proposed Trump tariffs

Top executives at many U.S. companies are preparing for the impact from President-elect Donald Trump fulfilling his campaign promise of raising tariffs, a move that could disrupt supply

Bundesbank's Nagel: Trump tariffs could cost Germany 1% in economic output

New tariffs planned by U.S.

ECB policymaker says Trump tariff hikes won't shift Europe's inflation outlook

Tariff hikes under the new Trump administration do not shift the inflation outlook in Europe, ECB policymaker Francois Villeroy de Galhau said on Thursday, urging the

The global luxury goods market is forecast to shrink in 2025. Trump's tariffs could make it worse

Global sales of personal luxury goods are forecast to shrink next year for the first time since the Great Recession in 2008 and the COVID-19 pandemic

Trump trade policy seen as wild card for US soybean farmers, opportunity for crushers

American farmers are worried that President-elect Donald Trump's sweeping tariff plans will curb their access to top soy buyer

China announces policy measures to boost trade amid worries over Trump tariffs

China's commerce ministry on Thursday announced a series of policy measures aimed at boosting the country's foreign trade, including pledging to strengthen financing support to

EU to cajole Trump on trade while readying tariff retaliation

The European Union should seek constructive engagement on trade with the incoming Trump administration, but be ready to hit back in a coordinated way at the

IMF will not assess Trump's tariff, tax-cut plans until details emerge

The International Monetary Fund will assess U.S.

China says it is willing to talk with US to push forward bilateral trade

China is willing to conduct active dialogue with the United States based on the principles of mutual respect and promote the development of bilateral economic and trade relations,

EU ready to react to any renewed US trade tensions under Trump, ambassador says

The European Union is prepared to react to any renewed trade tensions with the United States that may emerge under President-elect Donald Trump's second

EU, China close to agreement over EV import tariffs, leading MEP says

Brussels and Beijing are nearing a solution over tariffs on Chinese electric vehicle imports into the bloc, the chair of the trade committee of the European Parliament told a

EU not close to deal with China on EV tariffs, officials say

European Union and Chinese officials are discussing alternatives to European tariffs on Chinese electric vehicles (EV), including minimum prices at which such cars could be sold

Food prices worried most voters, but Trump's plans likely won't lower their grocery bills

Americans are fed up with the price of food, and many are looking to President-elect Donald Trump to lower their grocery bills

Trump's treasury pick could give an indication of what he plans to do about tariffs

One of the top remaining vacancies in President-elect Donald Trump’s proposed Cabinet is his treasury secretary — and the views of his top contenders there reflect broader questions about how the president-elect might wield tariffs in his new administration

TJ Maxx says it will thrive on Trump’s tariff ‘chaos’

TJ Maxx says it will thrive on Trump’s tariff ‘chaos’

China is armed and ready for trade war 2.0 with Donald Trump

China is armed and ready for trade war 2.0 with Donald Trump

GM and other US automakers would take big hit from Trump tariffs

U.S.

French blue-chips lead European stocks lower on budget angst

French stocks hit a more than three-month low on Wednesday as investors fretted about the fragile government's ability to

How Trump's proposed tariffs might affect commodities and energy

President-elect Donald Trump on Monday pledged tariffs on the United States' three largest trading partners - Canada, Mexico and China.

Stocks, dollar, bond yields fall; economic data, Trump tariffs in focus

MSCI's global equities index edged lower and the dollar slipped with Treasury yields on Wednesday as investors digested the latest economic data and the

China's Ambassador to Australia says US trade policy to impact bilateral relations

China's Ambassador to Australia Xiao Qian said on Tuesday the United States' policy on trade with China and other countries will have an impact on relations between

'No one will win a trade war,' China says after Trump tariff threat

Neither the United States nor China would win a trade war, the Chinese Embassy in Washington said on Monday, after U.S.

Markets react to Trump's tariff promise

U.S.

China's yuan slides to four-month low on Trump's tariff promise

The yuan fell against the U.S. dollar to its weakest in nearly four months after U.S.

Trump's tariff post sends markets scrambling

A look at the day ahead in European and global markets from Kevin Buckland And so it begins.

Trump tariff threat jolts Canadian dollar, peso, yuan

A look at the day ahead in U.S. and global markets from Mike Dolan Any speculation that U.S.

Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office

President-elect Donald Trump is threatening to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office as part of his efforts to crack down on illegal immigration and drugs

Trump tariff vow hits Mexican and Canadian currencies, yen firm

A pledge by President-elect Donald Trump to impose tariffs on products from Canada, Mexico and China sent their currencies lower against the dollar on Tuesday,

Trump tariff pledge roils currencies

A look at the day ahead in Asian markets.

BoE's Lombardelli says US trade tariffs would pose risk to economic growth, FT reports

Bank of England's Clare Lombardelli said U.S.

Trump tariffs could raise grocery, liquor bills - from beef and pork to avocados and tequila

U.S. prices may rise next year for avocados, strawberries and other fresh produce, and consumers could face shortages, if

Global companies that might be affected by Trump's promised tariffs

President-elect Donald Trump on Monday pledged tariffs on the United States' three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises

Trump tariffs would harm all involved, US trade partners say

Officials from Mexico, Canada and China and major industry groups warned that U.S.

Trump plans no exemption for oil imports under new tariff plan, sources say

U.S.

Analysts, business leaders react to Trump's threat of North American tariffs

Financial analysts and business leaders on Tuesday reacted to a threat from U.S.

How Trump's Mexico tariffs could hurt Europe's auto industry

Donald Trump's pledge to slap tariffs on imports to the U.S. from Mexico could be more damaging for European car makers like Volkswagen and Stellantis and their

China state media warn Trump against mutually destructive tariff war

China's state media warned U.S.

Foxconn says global presence to shield it from Trump tariffs

Taiwan’s Foxconn said on Wednesday it expects any impact of new tariffs from U.S.

Spirits industry to seek exemption from Trump's universal tariffs

The spirits industry is planning to push for an exemption to any universal tariffs on U.S. imports imposed by the incoming Trump administration, a trade body representing top spirits

Trade tariffs make it harder to keep prices low, IKEA executive says

Tariffs planned by U.S.

Column-Forget bond vigilantes, watch the currency cops: Mike Dolan

It may just be the turn of currency markets to play 'bad cop' to the incoming U.S. administration's proposed tariff hikes - sideswiping its trade threats by

Expert says she has bad news for Trump voters who want lower grocery prices

President-elect Trump promised to impose massive tariffs on Canada, Mexico and China on the first day of his administration. Trump argued the tariffs will be in retaliation for illegal immigrants and drugs coming across US borders. Economic analyst Catherine Rampell discusses who the tariffs could impact.

Mexican president warns Trump tariffs will kill jobs, hints at retaliation

Mexican President Claudia Sheinbaum on Tuesday warned U.S.

Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffs

Mexican President Claudia Sheinbaum has suggested Mexico could retaliate with tariffs of its own, after U.S. President-elect Donald Trump threatened to impose 25% tariffs on Mexican goods if the country doesn’t stop the flow of drugs and migrants across the border

Trump’s latest tariff plan aims at multiple countries. What does it mean for the US?

President-elect Donald Trump has identified what he sees as an all-purpose fix for what ails America: Slap huge new tariffs on foreign goods entering the United States

What could get more expensive if Trump launches a new trade war with Mexico and Canada

What could get more expensive if Trump launches a new trade war with Mexico and Canada

Trump's threat to impose tariffs could raise prices for consumers, colliding with promise for relief

If Donald Trump makes good on his threat to slap 25% tariffs on everything imported from Mexico and Canada, the price increases that could follow will collide with his campaign promise to give American families a break from inflation

Trump names Jamieson Greer as his pick for US trade representative

Trump names Jamieson Greer as his pick for US trade representative

Making America great again with tariffs may be bad news for Asia

Making America great again with tariffs may be bad news for Asia

Ikea says Trump’s tariffs could push up prices

Ikea says Trump’s tariffs could push up prices

Soft landing? Not so fast: Inflation heated back up in October

Soft landing? Not so fast: Inflation heated back up in October

Trump places high-risk, high-reward bet on tariffs to stem fentanyl

U.S.