OMV, a multinational energy company based in Vienna, has shifted to other options, including increasing its own output of natural gas, drilling for oil and experimenting with geothermal energy.
Category: International Relations
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One Month into the Trump Presidency
The president has moved swiftly to remake Washington. But for business leaders, that volatility has often been hard to navigate.
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Trump Eyes a Bigger, Better Trade Deal With China
U.S. officials are considering whether they can strike a deal with China that would ramp up its purchases of American goods and investments in the United States.
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Taiwan Prepares for Trump’s Tariffs, and a Changed Washington
Taiwanese officials, facing a more transactional U.S. relationship, have traveled to Washington to float energy deals and defend the island’s semiconductors.
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Europe’s Trump Playbook: Offer Carrots but Warn That You Have a Big Stick
The European Union’s so-called Trump task force spent 2024 preparing for a possible trade dispute. Specifics are secret, but guiding principles are becoming clear.
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U.S. Postal Service Reverses Decision to Halt Parcel Service From China
The Postal Service will continue to accept parcels from Hong Kong and China despite a new executive order that will require greater inspection of packages.
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U.S. Postal Service Halts Parcel Service from China as Trump’s Trade Curbs Begin
The United States has been importing about 3 million parcels a day with almost no customs inspection and no duties collected.
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Why These Companies in Louisville, Ky., Fear Trump’s Tariffs
American companies intent on making goods in the United States are fretting over the impact of tariffs on their access to parts and raw materials.
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Trump’s 10% Tariff on Chinese Goods Takes Effect
A 10 percent tariff on Chinese products took effect just after midnight Tuesday, and it remains to be seen if Mr. Trump will strike a deal to remove them.
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Here’s What to Know About Trump’s Tariffs
More than a third of the goods and services imported to or bought from the United States are linked to Canada, Mexico and China. Tariffs could lead to higher prices for consumers.