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Business

Volkswagen hits back at EU tariffs on Chinese electric vehicles

German auto manufacturers such as Volkswagen and BMW have increasingly warned about the potential adverse effects of EU tariffs on the European auto industry’s competitiveness down the line, as well as their own operations in China.

Business

Germany halts the planned sale of VW's gas turbine business to China

This move, although made to protect Germany and the EU’s sensitive technology, has also raised concerns about Germany’s competitiveness in the international market.

Economy

EU and China agree to negotiate on tariffs as EV row rumbles on

Officials from both sides finally agree to hold consultations, signalling progress could be made on finding a way to end the subsidy spat.

Business

China hits back at EU tariff hike on electric vehicles

Now that Europe has announced tariffs on China-made electric cars, the continent is bracing to see if the other shoe drops.

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Economy

EU hit as China launches tit-for-tat anti-dumping probe

Thermoplastics coming from the US, the EU, Taiwan and Japan are sold at prices below fair market value, says Beijing.

Economy

Scholz’s visit to China: Balancing distance and diplomacy

The German leader wrapped up a three-day visit to China this week, and trade was high on the agenda. Can the EU afford to be protectionist - and is cooperation on the cards?

Business

China chips away at use of Intel and AMD units in government computers

The step comes as Beijing adopts new rules to replace foreign technology with its own.

Economy

Trading with friends and enemies: The threat of global fragmentation

Euronews sits down with Gita Gopinath, the first deputy managing director of the International Monetary Fund, to talk trade wars, net zero, and national security.

USA

US and EU show unity in face of Israel-Hamas, Russia-Ukraine conflicts

President Joe Biden welcomed European Union leaders at a moment when domestic US political chaos risks further destabilising international relations.

Business

How Apple lost nearly $200 billion almost overnight

Apple's shares have been tumbling for the second day in a row, losing the equivalent of Hungary's GDP, after news that the tech giant could face a partial iPhone ban in China.

Europe News

Trade war over green subsidies looms large over EU-US tech summit

The EU is scrambling to counter billions of industrial subsidies under the Inflation Reduction Act promoted by President Joe Biden.

France

Macron-Biden meet is 'turning point' to avert trade war, Le Maire says

France's finance minister Bruno Le Maire said talks between Macron and Biden in Washington have reassured European concerns over the US Inflation Reduction Act, a massive subsidies package to US manufacturers.

Europe News

Europe needs 'strong' response to massive US subsidies - Le Maire

The US Inflation Reduction Act includes hundreds of billions of dollars of investment including state aid for industries. The EU's trade commissioner has said it appears to discriminate against European businesses.

Europe Decoded

Brussels backs Lithuania in row with China over Taiwan

Vilnius and Brussels have said Beijing has stopped clearing customs for products from Lithuania.

USA

Singapore man admits being spy for Chinese intelligence in US

A Singaporean man pleaded guilty in the US to working as a foreign agent for China, as diplomatic tensions between Washington and Beijing escalate in a tit-for-tat consulate closure.

Business

US and China sign agreement aimed at ending trade war

China said the trade deal with the US was "``good for China, the US and for the whole world`".

World News

US and China cool trade war with 'Phase one' deal

The US and China struck a 'Phase one' trade deal on Friday, with Washington cutting tariffs in exchange for Chinese purchases of American products.

USA

Euroviews. Stock market drops and China trade woes evoke the trauma of 2008 — but don't panic (yet) ǀ View

Even if the U.S. economy is slowing, that doesn’t mean we're headed back to the dark days of the Great Recession.

Business

Trump dismissed trade war concerns

US stocks opened higher on Tuesday as China stepped in to stabilise the yuan, a day after Wall Street's main indexes racked up their steepest one-day percentage fall of the year.

World

US labels China a 'currency manipulator' as trade war deepens

The United States has officially designated China a "currency manipulator", the first such accusation between major powers for a quarter of a century.