Tag: Tariffs
Renewable power prices surge on heavy demand
Renewable power prices in major global markets sharply climbed as companies turned to green energy, a hedge against rising fossil-fuel costs.
Accordingly, LevelTen Energy, the...
U.S Tariffs on Steel and Aluminum Affected South Korea
The Trade minister of South Korea called on the United States on Friday to begin talks to revise the Section 232 tariff rules on...
How the Largest Trade Deal Will Transform the World
The world’s largest trade deal will come into force in January of 2022. It comes as Australia, as well as New Zealand, ratified the...
China applies to enter a trans-Pacific trade deal
China's commerce ministry announced that the country has applied to enter the CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership). Remarkably, the country looks...
Interesting Facts About Net Exports
A country that enjoys net exports brings in more revenues from products sold abroad than it spends on total imports. As a reminder, net...
China aims to turn Ningxia into France’s Bordeaux rival
China, a fast-growing wine market, plans to turn its primary wine-producing region of Ningxia into a center of top-quality wine production. It also plans...
Britain and Australia agree a free trade deal
On June 15, the U.K. and Australia announced a free trade deal. The British government hailed it as an essential step in building new...
Joy over Boeing, Airbus deal belies cracks
A contract for a five-year ceasefire in a U.S. and E.U. debate over aircraft support on Tuesday had achieved progress. However, the underlying trade...
China ensures the supply of major commodities
China will increase its management of commodity supply and demand to control "unreasonable" rises in prices and block them from being passed on to...
EU and U.S. starting talks on ending steel tariffs
The European Union and the United States are to begin talks to discuss the steel tariffs forced by President Donald Trump.
In a shared statement...
Best-Performing Asian Economy in 2020
China has the second-largest economy in the world and many people may think that its economy outperformed other economies. However, the situation is more...
Stocks in Asia-Pacific and Coronavirus Pandemic
It was a tough day for stocks in the region. Importantly, stocks in Asia-Pacific were lower on Tuesday as concerns regarding a coronavirus surge...
U.K. Wants to Solve an International Trade Conflict
The trade war between the U.S. and China is one of the most famous trade conflicts in the modern world. However, there are other...
China’s Exports Rose at the Fastest Pace in Almost 3 Years
Countries around the world are trying to minimize the damage caused by the pandemic, and it is not an easy task. However, the world’s...
Australia’s Economy Grew by 3.3% in the Third Quarter
Australia’s economy was growing for decades, but the coronavirus pandemic changed the situation. Fortunately, the country’s economy grew by 3.3% in the third quarter,...