Category: International Trade and World Market

Tax Credits for Electric Vehicles Are About to Get Confusing

Foreign-made cars no longer qualify. Tesla and G.M. are eligible again. But officials are still working on the fine print.
US Cracks Down on Chinese Companies for Security Concerns

The Biden administration placed severe restrictions on trade with dozens of Chinese entities, its latest step in a campaign to curtail Beijing’s technology ambitions.
Oil Prices Drop, Despite Heightened Sanctions on Russian Crude

The price of oil fell by about 10 percent this week, easing (for now) supply worries about the E.U. embargo and a price cap.
Turkey Is Strengthening Its Energy Ties With Russia

As Moscow seeks new customers for oil, gas and coal, Ankara is a willing buyer as it promotes plans as a regional trading hub.
Qatar Extends Its Natural Gas Dominance at Russia’s Expense

As its influence grows, the country is poised to become a big energy supplier to Europe, which has turned away from Russia after its invasion of Ukraine.
How Will China Turn Its Economy Back On? The World Is About to Find Out.

Strict “zero Covid” curbs have been smothering growth. After easing them, Beijing faces the twin challenges of rising caseloads and wary consumers.
US Proposes Global Green Steel Club That Would Put Tariffs on China

A concept paper sent to the European Union suggests a new trade approach to promote metal made with less carbon emissions.
How Biden’s Climate Push Could Spur a Trade War With Europe

The European Union is crying foul over the Inflation Reduction Act, saying the billions in climate subsidies it offers create a trade imbalance.
Global Car Supply Chains Entangled With Abuses in Xinjiang, Report Says

A new report on the auto industry cites extensive links to Xinjiang, where the U.S. government now presumes goods are made with forced labor.
Ukraine’s Allies Agree on Russian Oil Price Cap

The plan to impose a top price of $60 a barrel on Russian crude will most likely make a small dent in the Kremlin’s revenue, but the White House hopes it will help avert an oil shock.
Chinese Solar Makers Evaded U.S. Tariffs, Investigation Finds

The Biden administration pre-emptively halted any penalties from the case in June, prompting critics to say the administration had shortcut its own trade rules
Chinese Solar Makers Evaded U.S. Tariffs, Investigation Finds

The Biden administration preemptively halted any penalties from the case in June, prompting critics to say the administration has shortcut its own trade rules