Tag: Trade war
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Russia-China Relations Favor Global Stability: Putin
Western attempts to slow down the Chinese economy are wrong, the Russian president pointed out. On Wednesday, during a media event organized by on the sidelines of the 2024 St. Petersburg International Economic Forum (SPIEF), President Vladimir Putin said that the development of Russia-China relations is conducive to world stability. RELATED: St. Petersburg Receives Venezuelan […]
June 6, 2024
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Tariff War Against China May Backfire for the US: Rattner
On Thursday, The New York Times published an opinion piece stating that the United States’ new protectionist stance in the international trade will only raise prices, limit consumer choices and risk growth. RELATED: Chinese Military Drills Around Taiwan Are Legitimate: Wang The U.S. tariffs on Chinese electric vehicles and other products are mainly aimed at […]
May 24, 2024
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Germany and Sweden Express Caution on Tariffs on Chinese EVs
German Chancellor Olaf Scholz and Swedish Prime Minister Ulf Kristersson have cautioned against tariffs on Chinese electric vehicles (EVs) following Washington’s announcement of hefty levies. RELATED: High Tariffs on Chinese Electric Vehicles Hurt US Consumers Scholz and Kristersson expressed reservations about possible European tariffs on Chinese EVs when asked at a press conference whether they […]
May 17, 2024
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High Tariffs on Chinese Electric Vehicles Hurt US Consumers
Some Western media believe that the White House’s decision on Tuesday to increase the tariffs on Chinese electric vehicles (EVs) imports from some 25 percent to 100 percent will hurt U.S. climate goals, industrial competitiveness, and consumer interests. RELATED: The US Aims Its Trade War Towards Chinese Electric Vehicles “U.S. consumers mostly haven’t realized how […]
May 16, 2024
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The US Aims Its Trade War Towards Chinese Electric Vehicles
On Tuesday, the White House unveiled new tariffs on imports of electric vehicles, solar cells and other clean-energy products from China, in a protectionist move widely believed to imperil the American ambition to enhance competitiveness and slash carbon emissions. RELATED: TikTok Sues US Government to Block Potential Ban According to the plan, the tariffs on […]
May 14, 2024
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TikTok Sues US Government to Block Potential Ban
On Tuesday, TikTok and its Chinese parent company ByteDance filed a legal challenge against the U.S. government over a law forcing ByteDance to sell off the ultra-popular app or face a nationwide ban in the country. RELATED: US TikTok Ban Is a Case of Digital Protectionism U.S. President Joe Biden signed a TikTok ban bill […]
May 8, 2024
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US TikTok Ban Is a Case of Digital Protectionism
Carme Ferre-Pavia, a professor of communication studies at the Autonomous University of Barcelona, said that a potential ban in the United States of the TikTok social media app owned by Chinese tech firm ByteDance is “a case of digital protectionism.” RELATED: US House of Representatives Votes Bill to Ban TikTok “This is a case of […]
April 24, 2024
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Overcapacity Argument Risks Being Excuse for US Protectionism
The overcapacity argument risks being an excuse for protectionism, said Nicholas Lardy, a senior fellow at Washington D.C.-based think tank the Peterson Institute for International Economics (PIIE), calling the idea of excess capacity “potentially dangerous.” RELATED: The United States Aggravates Global Crises: Zakharova “This overcapacity idea is that you shouldn’t produce more than you can […]
April 21, 2024
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The US Has Achieved Nothing in Its Trade War With China
Though clashing in many ways, the current U.S. administration and its Republican predecessor have one thing in common: the trade war against China. RELATED: Washington Interested in Fueling Haitian Crisis: LaCroix As recently as February, U.S. utility company Duke Energy, under pressure from Congress, reportedly planned to remove Chinese battery giant CATL from a Marine […]
March 29, 2024
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China Urges US To Stop Suppression of TikTok
On Thursday, China called on the United States to stop the unreasonable suppression of companies from other countries, following a U.S. bill targeting TikTok. RELATED: US House of Representatives Approves TikTok Ban The U.S. side should earnestly respect the market economy and the principle of fair competition, and provide an open, fair, just and non-discriminatory […]