The European Union said that the deal could roughly halve Chinese shipments over four years. But it also could lead to an even stronger Chinese auto industry.
Category: European Union
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China and Europe Agree to Deal to Limit Chinese Exports of Hybrid Cars
The New York Times – Business: -
Europe’s Trade Tensions With China Are Coming to a Head
The New York Times – Business:The European Union is weighing tougher trade measures as negotiators prepare to meet Chinese officials in Beijing, with surging exports from China pressuring key industries in Europe.
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China’s ‘Self-Reliance’ Drive Is Upending Trade With Europe
The New York Times – Business:China’s push to manufacture more at home has widened its trade imbalance with Europe, intensifying pressure on European industries and policymakers to take action.
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The Hidden Policies That Power China’s Export Boom
The New York Times – Business:Huge tax breaks and a weak currency sustain exports, widen the government budget deficit and complicate the country’s efforts to rebalance its economy.
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Trump’s Threat to Ban Diesel Exports Sets Off Global Alarms
The New York Times – Business:A reduction in refineries has already driven the price of diesel to record highs, threatening economies. An U.S. export ban would be “tremendous shock and blow.”
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Why a U.S. Diesel Export Ban May Not Lower Prices
The New York Times – Business:President Trump has said he is considering restricting overseas sales of the fuel to bring down domestic prices, but experts say the policy will have many unintended effects.
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Why Europe Really, Really Needs a Mild Winter
The New York Times – Business:The economy has been resilient despite higher prices stemming from the war in the Middle East, but that could change quickly if cold weather forces countries to tap depleted gas reserves.
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Carney Calls for E.U.-Canada Pact Amid ‘Ferocious Storm’
The New York Times – On the Runway:Prime Minister Mark Carney told European lawmakers that an alliance would help to secure sovereignty and independence for his country. The moves come amid a historic low for U.S. ties with Canada.
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E.U.-Canada Ambitions Face Reality Check as Trump Bristles
The New York Times – On the Runway:The bloc’s offer of “associate member” status to Ottawa shows how U.S. allies are pulling closer together. But their plans face significant obstacles.
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Trump Wanted Canada as the 51st State. He Ended Up Pushing It Toward the European Union.
The New York Times – On the Runway:The invitation by the E.U. for Canada to become an “associate member” is a sign of Mr. Trump’s brand of diplomacy, which often involves threatening America’s closest friends.
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How Fighting Fires Became an All-of-Europe Project
The New York Times – On the Runway:The European Union isn’t known for firefighting expertise. But with the continent ablaze, Brussels is playing a growing role.