The President-elect is demanding the so-called BRICS countries pledge fealty to the greenback, or risk a new wave of tariffs.
Category: Embargoes and Sanctions
-
China Has a New Playbook to Counter Trump: ‘Supply Chain Warfare’
A series of swipes at American companies show how China could take the initiative in a new trade war, using its economic dominance to exact pain.
-
TSMC Pauses Chip Shipments to Chinese Customers
The Taiwanese chip giant will halt shipments to Chinese companies after some of its most advanced chips ended up with Huawei.
-
Chipmaker GlobalFoundries Faces $500,000 Fine for Banned Shipments to China
The Biden administration said it had reached a settlement after the U.S. chipmaker voluntarily disclosed that it had shipped products to a firm linked with China’s military industrial complex.
-
TSMC Chips Ended Up in Devices Made by China’s Huawei Despite U.S. Controls
The U.S. government has tried to keep Chinese companies from obtaining certain advanced technologies, but concerns have been growing that some products may have been routed to Huawei.
-
G7 Finalizes $50 Billion Ukraine Loan Backed by Russian Assets
The economic lifeline is expected to be disbursed by the end of the year.
-
Russian Oil Flows Through Western ‘Price Cap’ as Shadow Fleet Grows
A report shows how Russia has largely evaded sanctions aimed at limiting its revenue from oil sales.
-
How an Israeli Strike on Iran’s Oil Sector Would Impact China
China has strategic reserves and alternatives like electric cars, should oil imports ever be interrupted.
-
For Companies in China, Pulling Out of Xinjiang Poses ‘Messy Dilemma’
Beijing’s investigation of the parent of Calvin Klein and Tommy Hilfiger, which stopped buying goods from Xinjiang, has put global firms in a difficult position.
-
Oil Price Jumps After Biden Says ‘Discussing’ Potential Israeli Strike on Iranian Facilities
The president was asked about a potential strike on the oil infrastructure of Iran, which accounts for about 2 percent of the world’s supply.
-
China to Investigate U.S. Retailer, Sending a Message Over Xinjiang
PVH, which owns Calvin Klein and Tommy Hilfiger, is targeted for allegedly avoiding purchases from the region where the Chinese government has cracked down on Muslim minorities.
-
$50 Billion in Aid to Ukraine Stalls Over Legal Questions
U.S. and European officials are struggling to honor their pledge to use Russian assets to aid Ukraine.