trade-and-economy5.69 min read
EU and China Reach Historic Agreement to Halve Chinese Hybrid Car Exports
4 days ago•Source: POLITICO.eu
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3.555 min•14 days ago
U.S. Enforces $1 Billion Ban on Canadian Alcohol and Dairy Amid Trade Standoff
The United States officially implemented import bans on Canadian alcoholic beverages, dairy products, and motorcycles on September 29, 2026, targeting approximately $1 billion in goods. The move, grounded in the Smoot-Hawley Tariff Act, escalates a tit-for-tat trade dispute with Canada. While President Trump predicts Canada will seek a deal within weeks, Canadian officials insist they will not sign an agreement that harms their national interests, with no immediate progress in negotiations.
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"India Secures Historic $100 Billion Free Trade Deal with European EFTA Bloc"
Al Jazeera English•2 years ago
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India Secures $100 Billion Free Trade Deal with European EFTA Bloc
Reuters•2 years ago
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"China's Export Rebound Fueled by Electronics and Global Demand"
Chinese trade has experienced a rebound, driven by strong demand for electronics and increased exports to Russia. This resurgence in trade activity reflects a positive trend in China's economic recovery.
"Tennessee Zinc Smelter: A Battleground in the U.S.-China Trade War"
An obscure zinc smelter in Tennessee, owned by Dutch company Nyrstar, is seeking funding for an expansion to process germanium and gallium, minerals vital for producing chips used in smartphones and radar systems. China's recent export restrictions on these minerals have created a potential shortage, making the Tennessee smelter a crucial player in the global trade war. The expansion aims to protect jobs and yield profits for Nyrstar, but it also carries the risk of China resuming exports and causing prices to plummet. The U.S. is racing to catch up with China in rare-earth minerals and other scarce resources, driven by the threat of natural-resource protectionism and increasing demand.
China's Export Restrictions on Key Battery Material Raise Concerns for Battery Supply Chains
China has imposed export controls on graphite, a crucial mineral used in steel and electric car batteries, escalating the trade dispute with the United States over clean energy technologies. The restrictions, effective from December 1, ban the export of artificial graphite and products made with it without government permission. China is the world's top producer and exporter of graphite, with the US being the largest importer. As demand for graphite grows, the US is seeking alternatives to China, with a focus on countries in Africa. Efforts to permit new mines in the US have faced opposition due to concerns about pollution. China's dominance in critical minerals has prompted other countries to prioritize domestic mining and processing.