European Union officials say the duties are meant to protect the region’s automakers from what they say are unfair trade practices in China.
Category: Protectionism (Trade)
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Europe Expected to Approve Higher Tariffs on Electric Cars From China
The European Union is expected to support wielding tariffs on electric vehicles made in China, seeking to prevent unfair competition.
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World Braces for Bigger Trade Wars if Trump Wins
Business owners and foreign governments are preparing for high tariffs and trade disruptions, depending on the outcome of the election.
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Trump’s Plans Could Spur Inflation While Slowing Growth, Study Finds
A nonpartisan economic analysis warned that deporting migrants and increasing tariffs would damage the U.S. economy.
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Trump’s Low-Tax, High-Tariff Strategy Could Clash With Economic Realities
The former president’s efforts to compel companies to remain in the United States had limited success while he was in the White House.
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Now That Rates Are Falling, Let’s Turn to Other Matters
The Federal Reserve has at last cut interest rates but our columnist points out a host of concerns that could weigh on financial markets.
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Chinese Automakers’ Answer to E.U. Tariffs: Build in Europe
BYD, which leads China’s electric vehicle sector, is constructing a plant in Hungary while its Chinese rivals expand through joint ventures in Europe.
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U.S. Steel C.E.O. Says Nippon Deal Will Strengthen National Security
David Burritt expressed confidence that the sale of the American manufacturer to a Japanese owner would close “on its merits” despite bipartisan backlash.
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Amazon Sought Tariff Loophole Used by Chinese Rivals. Now Biden Is Closing It.
Under pressure from Chinese competitors, Amazon, Walmart and other U.S. retailers have been exploring ways to avoid tariffs. Could a new Biden administration rule change that?
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U.S. Moves to Block a Popular Tariff-Free Path for Chinese Goods
The Biden administration said it would clamp down on billions of dollars in small-dollar imports that ship directly to consumers.
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Trump’s Promises to Cut Inflation Are Unrealistic, Many Economists Say
Economists and analysts are dubious of Trump’s promises to slash gas prices or prod interest rates lower.
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Harris Economic Plan Focuses on Prices, a Key Vulnerability
Vice President Kamala Harris has been balancing the challenges of defending “Bidenomics” and charting her own course on the economy.