Tesla has criticized the US government’s plans to ban Chinese software from US cars. In a regulatory filing, the automaker said the new rules would add “unneeded regulatory burdens.” President Joe Biden announced plans to ban Chinese software after clamping down on China’s EV giants. Thanks for signing up! Access your favorite topics in a…
Text size China on Wednesday said it did not “agree with or accept” hefty new EU tariffs on Chinese-made electric cars after an anti-subsidy probe concluded Beijing’s support undercut European automakers. “China does not agree with or accept the ruling and has filed a complaint under the WTO dispute settlement mechanism,” a spokesperson for Beijing’s…
Former President Trump said that any telephone conversations he may have had with Vladimir Putin since leaving office were a “smart thing,” though he declined to confirm the recently reported calls during an appearance at the Economic Club of Chicago on Tuesday. “I don’t comment on that,” Trump said. “But I will tell you that…
washington — As China pursues tit-for-tat actions against the European Union in response to tariffs on Chinese-made electric vehicles, Beijing’s drive for global dominance in the automotive sector continues unabated. Over the past year, companies such as EV giant BYD and others have made inroads in markets from Southeast Asia to Latin America and Africa,…
Billionaire investor Mark Cuban doesn’t think former President Donald Trump’s call for 200% tariffs on agriculture equipment company John Deere is a good idea. “This lack of understanding of business is insane,” Cuban wrote in an X post on Monday. Cuban was weighing in on the 200% tariff that Trump said he would impose on…
In just over a month and a half, the US will have a new president elect. Either Donald Trump will take back the Oval Office, or Vice President Kamala Harris will get the promotion of a lifetime. This week’s feisty debate between the Republican and Democratic nominees has captured the nation’s attention, and market strategists…