Ottawa to work with allies to ensure customers around the world are not unfairly penalised by nonmarket practices of countries such as China, PM Trudeau says. Canada, following the lead of the United States, says it will impose a 100 percent tariff on Chinese electric vehicle (EV) imports and also…
The Sounion was on its way from Iraq to Athens when it was attacked by more than a dozen people in two small boats. A Greek-flagged oil tanker with 25 crew members on board has caught fire after multiple attacks and is adrift in the Red Sea. The Sounion was…
Montreal, Canada – The United States has faced widespread condemnation this week for authorising the sale of more than $20bn in additional weapons to Israel as the top US ally wages war in the Gaza Strip. But while the newly approved arms transfer has renewed global scrutiny of Washington’s unwavering…
Kolkata, India – Last year, Aditya Manaksia started exporting food products to Bangladesh in an attempt to expand his business. Now, the 43-year-old Kolkata-based exporter of agro products is nervously watching the continuing political turmoil in the neighbouring country that broke out in July as a protest against job quotas and…
Canada said the domestic car sector faced unfair competition from China’s ‘state-directed’ global oversupply of EVs. Canada is considering whether to impose import tariffs on Chinese-made electric vehicles and will seek the public’s opinion about the idea, Deputy Prime Minister Chrystia Freeland has said. On Monday, Freeland said the domestic…
Draft rule would prohibit US investors from funding AI systems in China that could be used for weapons targeting, other military uses. The United States Department of the Treasury has fleshed out a proposed rule that would restrict and monitor US investments in China for artificial intelligence, computer chips and…
Premier Li Qiang is the most senior Chinese leader to visit Australia since 2017. Australian Prime Minister Anthony Albanese welcomed Chinese Premier Li Qiang to the country’s parliament in Canberra for high-level talks where he was expected to welcome progress in the two countries’ rebuilding their strained relationship but stress…
President Joe Biden has slapped major new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminium and medical equipment, taking potshots at Donald Trump along the way as he embraced a strategy that’s increasing friction between the world’s two largest economies. The Democratic president said on Tuesday that…
Chinese president conducts five-day charm offensive, signing trade deals and pledging investments. Chinese President Xi Jinping has wrapped up his first visit to Europe in five years. He visited France, Serbia and Hungary during his trip – with a different tone and agenda at each stop. But Xi’s overarching goals…
Chinese President Xi Jinping has concluded a five-day tour of Europe, after visiting France, Serbia and Hungary, where he touted Beijing’s vision of a multipolar world and held talks on trade, investments and Russia’s war in Ukraine. In France, President Emmanuel Macron feted Xi with gifts of luxury bottles of…
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