Trade

EU’s von der Leyen echoes Yellen’s calls for tough stance on Chinese overcapacity

European Commission chief Ursula von der Leyen on Tuesday said that Europe must talk tough with China on its perceived…

U.S. and China to hold talks on ‘balanced growth’ amid overcapacity concerns, Yellen says

U.S. Treasury Secretary Janet Yellen said on Saturday that she and Chinese Vice Premier He Lifeng agreed to launch exchanges on “balanced” economic…

Free trade flaws fueled Trump’s rise in 2016 — and the problems remain, top economist says

Decades of trade deficits and a strong dollar created too many “losers” in the U.S. economy who turned to Donald…

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…