Trade

New Zealand accuses China-backed hackers of cyberattacks on parliament

New Zealand has accused China of “malicious cyber activity” linked to Chinese state actors, who targeted its parliament in 2021.…

Foremost Group CEO Angela Chao was intoxicated during fatal car accident in Texas pond: police

Foremost Group CEO Angela Chao was intoxicated last month when she accidentally drove her Tesla X SUV in reverse over…

Trump pledges to get tough with tariffs again if elected

Proclaiming that “I’m a big believer in tariffs,” former President Donald Trump on Monday indicated he’s likely to reinstitute duties…

Hike tariffs on Chinese EVs, Senate Democrats urge Biden administration

Three Senate Democrats from auto manufacturing states on Thursday urged the Biden administration to hike import tariffs on Chinese electric…

Three dead in first fatal Houthi attack in the Red Sea

Three people were killed in a Houthi attack against a civilian merchant ship, U.S. authorities said, marking the first lives…

India and South Africa block major investment deal at WTO talks

India and South Africa have filed a formal objection against an investment agreement at a World Trade Organization meeting in Abu Dhabi, blocking its adoption in a…

‘China has a lot more to lose’: U.S. considering sanctioning Chinese firms aiding Russia’s war

Munich, GERMANY — The U.S. is considering slapping sanctions on Chinese companies it believes are helping Russia fuel its war…

European Union is considering sanctions on Chinese firms for aiding Russia’s war machine

The European Union is looking to sanction Chinese firms that it believes have helped Russia circumvent Western penalties, looking to…

U.S. lawmakers accuse five VC firms of investing $3 billion in Chinese companies linked to military activities

Sequoia Capital China, Qualcomm Ventures and three other venture capital firms plowed at least $3 billion into Chinese tech companies…

U.S. Treasury team heads to China to talk subsidies, economic policies

The Biden administration has sent five senior U.S. Treasury officials to Beijing this week for economic talks that will include China’s “non-market” policies that are adding excess industrial capacity,…