United States President Donald Trump has announced that he has struck a “massive” trade deal with Japan following months of fraught negotiations. Under the agreement announced on Tuesday, the US will impose a 15 percent tariff on Japanese exports and Japan will invest $550bn in the US, Trump said. “We just completed a massive Deal…
On 21 July, the WTO circulated the arbitration award in the proceedings initiated by the European Union under Article 25 of the Dispute Settlement Understanding to review the findings of a WTO dispute panel in “China — Enforcement of Intellectual Property Rights” (DS611). Source link
BEIJING — China’s stock market is buzzing over government promises to tackle price wars that have hurt profits and worsened global trade tensions. The prevailing catchphrase is “anti-involution,” and it reflects efforts to curb intense competition and overcapacity in industries like solar panels, steel, and electric vehicles. With rising trade barriers such as President Donald…
New Delhi, India – Tesla is finally cruising in India, the world’s third-largest car market, with the launch of its Model Y. The rollout marks the culmination of a decade-long, topsy-turvy journey. Showcased at its new showroom in Mumbai, India’s financial capital, on Tuesday, Tesla’s Model Y is now on sale for about $70,000, a…
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US president has focused attention on the Gulf, visiting the region in first foreign policy trip of his second term. President Donald Trump has hosted Qatar’s prime minister for a private dinner and met with Bahrain’s crown prince at the White House as part of a United States effort to address regional issues, including securing…
The United States is losing strategic ground to China due to US President Donald Trump’s withdrawal from the global stage and transactional approach to foreign policy, a Democrat-authored report has warned. Surveying Trump’s first six months in office, the report warns that his tenure has “significantly undermined” Washington’s ability to compete with China. The report highlights…
BANGKOK – Shares were mixed Wednesday in Europe and Asia after an update on U.S. inflation pulled most Wall Street stocks lower, though gains for Nvidia pushed the Nasdaq to another record. The report showed inflation in the United States accelerated to 2.7% last month from 2.4% in May. Economists said higher prices for clothes,…
WASHINGTON (AP) — President Donald Trump on Tuesday downplayed the possibility of sending Ukraine long-range weapons as Kyiv awaits an injection of U.S. weaponry that it hopes will help it beat back an intensifying Russian air offensive. Trump offered a more cautious tone on what to expect after he threatened Russia a day earlier with…
The EV maker also opened its first showroom in Mumbai on Tuesday. Tesla has launched its Model Y in India for about $70,000, a significant markup relative to its other major markets, reflecting the country’s high tariffs on electric vehicle imports, which CEO Elon Musk has long criticised. The electric carmaker announced the price on…