The EV tax incentive was scrapped as part of US President Donald Trump’s mega tax and spending bill passed earlier this year. Published On 14 Oct 202514 Oct 2025 Click here to share on social media share2 Share General Motors will take a $1.6bn hit in the third quarter as it reshapes its electric vehicle…
The United States soya bean harvest is under way, and in rural Maryland, farmer Travis Hutchison cracks open a pod to show that the field is nearly dry enough for reaping. But a decent yield is not enough to secure his income this year, with China – once the biggest buyer of US soya bean…
The secretary of the US Treasury says President Trump may call off his 100 percent tariff threat on China as negotiations continue. Plans for United States President Donald Trump to meet his Chinese counterpart Xi Jinping in South Korea in late October remain intact, despite resurgent trade tensions between the two countries, US Treasury Secretary…
A team of Indian officials will visit the US again this week to take forward the discussions on a trade agreement (BTA) which both sides aim to conclude by November-end, a senior official said Monday. The talks this time, like the past two engagements, are unlikely to be through a formal structure. “Talks are progressing…
China has accused the United States of “double standards” after US President Donald Trump threatened to impose an additional 100 percent tariff on Chinese goods in response to Beijing’s curbs on exports of rare earth minerals. China says its export control measures announced last week were in response to the US restrictions on its entities…
Beijing says it will not back down in the face of threats, urging the US to resolve differences through negotiations. Published On 12 Oct 202512 Oct 2025 Click here to share on social media share2 Share China has called United States President Donald Trump’s new tariffs on Chinese goods hypocritical as it defended its curbs…
BEIJING — BEIJING (AP) — China signaled Sunday that it would not back down in the face of a 100% tariff threat from President Donald Trump, urging the U.S. to resolve differences through negotiations instead of threats. “China’s stance is consistent,” the Commerce Ministry said in a statement posted online. “We do not want a…
BEIJING (AP) — China signaled Sunday that it would not back down in the face of a 100% tariff threat from President Donald Trump, urging the U.S. to resolve differences through negotiations instead of threats. “China’s stance is consistent,” the Commerce Ministry said in a statement posted online. “We do not want a tariff war…
NEW YORK (AP) — For months, bubbling trade tensions between China and the U.S. seemed to calm to a simmer, with words like “thaw” and “truce” swapped in for warnings of economic “war.” Now, hostilities appear to be returning to full boil. A series of tit-for-tat moves this week by the two superpowers has thrust…
WASHINGTON (AP) — President Donald Trump on Friday threatened to place an additional 100% tax on Chinese imports starting on Nov. 1 or sooner, potentially escalating tariff rates close to levels that in April fanned fears of a global recession. The president expressed frustration with new export controls placed on rare earth elements by China…