Etiqueta: Tariffs

China’s new measures include a 15 percent levy on U.S. coal and liquefied natural gas along with 10 percent for crude oil, farm equipment and a small number of trucks as well as big-engine sedans shipped to China from the U.S.

Tariffs are still high enough to raise US inflation and unemployment, which will put its central bank between a rock and a hard place. What can the Fed do? It probably won’t get much clarity on inflation, growth and trade policy until September.

Hungary will manufacture the next generation of electric vehicles, Prime Minister Viktor Orbán announced after signing a strategic agreement with Chinese carmaker BYD, marking a milestone in Chinese–Hungarian industrial cooperation.

Chinese electric vehicle giant BYD will relocate its European headquarters from the Netherlands to Hungary as part of a newly signed strategic ...

[HONG KONG] Billionaire Li Shufu is shaking up his sprawling Geely auto empire, lining up a new chief executive weeks after a shock move to take its US-listed premium electric car brand Zeekr private.

Chery is assessing how the EU's tariffs on Chinese EV imports will affect its plan to bring in partially built cars for final assembly in Spain.

More than 70 Chinese and international auto brands will show off more than 100 new or refreshed models this week. But more serious concerns underlie the event this year.

Chinese carmakers have built and commissioned production plants across nine countries, with an annual production capacity of 1.2 million vehicles as of 2023. That is set to more than double to 2.7 million units in over a dozen countries by 2026.

Tariffs and trade will be top of mind when Taiwan’s auto suppliers gather at the 360° Mobility Mega Show in Taipei, as a host of industry lynchpins, including semiconductor and electronics players as well as heavyweights such as Foxconn show off their latest tech.

The latest US tariffs on vehicle imports and the anticipated tariffs on parts next month could reshape international trade and transport for the automotive sector.