China to Penalize European Brandy Imports, Striking Back at Car Tariffs
Posted inChina Cognac Customs (Tariff) Electric and Hybrid Vehicles Europe European Union France International Relations International Trade and World Market Ministry of Commerce (China) Protectionism (Trade) World Trade Organization

China to Penalize European Brandy Imports, Striking Back at Car Tariffs

Beijing’s action came days after European nations moved toward tariffs on electric vehicles from China, and it included a threat to also hit pork and car imports.
Fears of a Global Oil Shock if the Mideast Crisis Intensifies
Posted inAfrica Alternative and Renewable Energy Biden, Joseph R Jr China Developing Countries Economic Conditions and Trends Europe International Relations International Trade and World Market Iran Israel Middle East Oil (Petroleum) and Gasoline Putin, Vladimir V Refineries Russia Russian Invasion of Ukraine (2022) United States Economy United States International Relations War and Armed Conflicts

Fears of a Global Oil Shock if the Mideast Crisis Intensifies

The threat of an escalating conflict between Israel and Iran has created an “extraordinarily precarious” global situation, sowing alarm about the potential economic fallout.