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Trade Tensions

All articles tagged with #trade tensions

Beijing signals countermeasures over EU 'Made in Europe' push
world29 days ago

Beijing signals countermeasures over EU 'Made in Europe' push

China criticised the EU's Industrial Accelerator Act for imposing restrictive foreign-investment requirements and potentially violating WTO rules, warning it could retaliate; Brussels defends the plan as a job- and security‑oriented move to boost European, low‑carbon production with EU-content thresholds (70% for EVs, 25% for aluminium and cement) across three sectors, and says dialogue is possible, though countermeasures remain on the table if talks fail.

via Euronews.com|
#china#eu#foreign-investment
US Economic Outlook for 2026: Key Insights and Predictions
economy4 months ago

US Economic Outlook for 2026: Key Insights and Predictions

The global economic outlook for 2026 suggests a moderation in growth due to trade tensions, inflation normalization, and rising unemployment, despite some optimism about AI-driven productivity and stabilizing interest rates. Key risks include a potential tech bubble, geopolitical conflicts, and fiscal vulnerabilities, with the US leading growth among major economies.

via The Guardian|
#ai-impact#economy#global-growth
Jim Beam to Suspend Kentucky Production Amid Trade Tensions
business5 months ago

Jim Beam to Suspend Kentucky Production Amid Trade Tensions

Jim Beam is halting production at its Kentucky distillery for all of 2026 due to ongoing trade tensions and industry challenges, including tariffs and declining exports, particularly to Canada, which has seen an 85% drop in U.S. spirits imports. The move aims to allow site investments, while the company continues distilling at other facilities. The broader industry faces high barrel aging inventories, tax burdens, and reduced consumer demand amid international trade disputes.

via CBC|
#bourbon#business#jim-beam
China Imposes Up to 42.7% Tariffs on EU Dairy Products
world5 months ago

China Imposes Up to 42.7% Tariffs on EU Dairy Products

China has announced tariffs of up to 42.7% on EU dairy products, citing damage to its domestic industry from EU subsidies, following an anti-subsidy investigation. The tariffs will take effect on April 23 and vary based on cooperation with the investigation, affecting products like cheese, milk, and cream. This move is part of broader trade tensions between China and the EU, which recently saw China cut pork import duties and impose tariffs on EU brandy, amid ongoing disputes over electric vehicle tariffs and WTO compliance.

via CNBC|
#anti-subsidy-investigation#china#eu-dairy-tariffs
China reduces tariffs on EU pork imports after anti-dumping review
world5 months ago

China reduces tariffs on EU pork imports after anti-dumping review

China has reduced anti-dumping tariffs on European pork imports from up to 62.4% to between 4.9% and 19.8%, ending a year-long investigation and easing trade tensions with the EU, which is a major pork exporter to China. The move follows broader trade disputes involving tariffs on electric vehicles and export controls on critical minerals, reflecting ongoing tensions and efforts to stabilize trade relations.

via CNBC|
#anti-dumping#china#eu