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According to Liberty Times, citing The Hill, U.S. President Donald Trump announced that he will impose tariffs on semiconductors, pharmaceuticals, steel, aluminum, oil and natural gas, as well as copper, by mid-February. Notably, the move of imposing tariffs on copper, according to the reports, cou...
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Following Trump’s additional 10% tariff on all Chinese goods, which took effect on February 4, China has decided to fire back. According to The Economic Times and Anue, China announced today that it is going to launch an antitrust investigation into Google and imposed new tariffs on US goods, esca...
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China may have more bargaining power in the electric vehicle and battery sectors, though in an unexpected way. According to a report from Interesting Engineering, citing Chinese news agency Xinhua, the country has become the world’s second-largest holder of the lithium reserves, as it announced th...
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Before Trump’s inauguration in late January, another wave of U.S. counterattacks on Chinese companies seems to be initiated by the Biden administration. According to Reuters, the U.S. Defense Department announced on Monday the addition of several Chinese tech giants, including DRAM maker CXMT, Ten...
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As the merger between Japanese automakers Nissan and Honda highlights the threat from Chinese-made electric vehicles, there may be another fundamental issue which haunts the industry – the waning global EV demand. According to Business Korea, factory utilization rates for South Korea's leading ...