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US tariff hike on Chinese EVs, batteries, steel to take effect on August 1

The first group of China-made products that the US Biden administration targets will see their tariffs rise on August 1, 2024, according to an announcement from the Office of the US Trade Representative (USTR) on Wednesday. Some machinery for America s domestic manufacturing and solar production may be excluded temporarily. ....

United States , Joe Biden , Us International Trade Commission , Trade Commission , Nikkei Asia ,

China conducts major military drills around Taiwan, but local market resilient

In a bold display of military might, China initiated extensive drills encircling Taiwan on May 23, a clear signal to the newly inaugurated Taiwanese president, Lai Ching-te. The exercises, involving China s army, navy, air force, and rocket force, were described as a rehearsal for sea and air patrols, battlefield control, and precision strikes. ....

Hong Kong , United States , Hai Foxconn , Ben Lewis , Taiwan Ministry Of Economic Affairs , Nikkei Asia , Economic Affairs , Taiwan Stock ,

TOKYO Malaysian Prime Minister Anwar Ibrahim wants the Association of Southeast Asian Nations to double down on the economic strengths that hold it ....

South China Sea , Brunei General , Anwar Ibrahim , Tv Tokyo , Association Southeast Asian Nations , Prime Minister Anwar Ibrahim , South China , Nikkei Asia ,