China Makes Strategic Move That Worries Western CompaniesAccording to recent assessments, Chinese companies are expanding their dominance in the mineral market despite years of sanctions. The Wall Street Journal (WSJ) reported on the 20th (local time) that China is winning the mineral war, with Chinese companies aggressively expanding their businesses, over-supplying, and driving down prices to push out competitors. According to raw […]
South Korea Preps New Strategy After U.S. Takes Bold Step Against Chinese ImportsDeputy Prime Minister and Minister of Strategy and Finance, Choi Sang Mok, emphasized the need to prepare for the increasing uncertainty in the global economic and trade environment as the United States announced tariff increases on strategic items worth $18 billion imported from China. According to the Ministry of Strategy and Finance, on the 21st, […]
Trade Tensions Escalate: China Hits Back with Tariffs on U.S. SoybeansChina is escalating its countermeasures against Western sanctions, particularly those imposed by the United States. It is considering imposing retaliatory tariffs against the high tariffs set by the U.S. and is exploring alternative trade partners such as Russia and Brazil. China has also hinted at retaliation against the European Union (EU) for initiating investigations into […]
White House Targets Chinese Solar Imports: Tariffs on Dual-sided Panels and Blocking Circumventing Exports through Southeast AsiaThe U.S. government has decided to reimpose tariffs on made-in-China dual-sided solar panels. This move comes on the heels of increasing tariffs on China-made solar cells to 50%, which doubles the existing rate, and shows that the U.S. government is targeting the Chinese solar industry. The White House announced on the 16th (local time) that […]
Will Chinese Electric Cars Dominate Europe? U.S. Tariffs Shift Focus[The Guru=Yoon Jin-Woong Reporter] Chinese electric vehicles (EVs) are being identified as disruptiv ...
Hitting China Where It Hurts: Biden Raises Tariffs on Electric Cars and SemiconductorsThe Biden administration in the United States has significantly increased trade barriers against China by quadrupling the tariff on Chinese electric vehicles to 100% and imposing high tariffs on some semiconductors. This move appears to preemptively block the entry of Chinese low-cost exports into the U.S. market while demonstrating its willingness to watch over China […]
Biden's Trade Tactics: New Tariffs Targeting Chinese Electric CarsThe Biden administration in the United States is expected to announce a comprehensive decision on tariffs against China as early as this Tuesday, according to Bloomberg News on May 9, 2024. This is expected to target key strategic sectors while rejecting the comprehensive tariff hike pushed by former President Donald Trump. The U.S. government plans […]
Chile Takes a Stand: Slaps Up to 33.5% Tariff on Chinese SteelChinese steel exports to Central and South America have increased by 88 times in comparison to the year 2000 The Chilean government has decided to impose anti-dumping duties of up to 33.5% on cheap Chinese steel subsidized by the Chinese government. The Chilean Anti-Competitive Market Distortions Office for the Prevention of Price Distortions announced on the […]
Fears Arise As Biden's Tariff Hike Intensifies U.S.-China DisputesOn the 22nd, Samsung Securities analyzed the possibility of the U.S.-China dispute, which has resurfaced as a hot topic in the financial market and is likely to intensify. President Joe Biden recently announced plans to raise tariffs on Chinese steel and aluminum from 7.5% to 25%. The U.S. Trade Representative Katherine Tai revealed that they […]
Biden's Trade War: U.S. to Triple Tariffs on Chinese SteelAfter Donald Trump, President Joe Biden has also declared a substantial tariff hike on Chinese steel products and related items. As declarations and competition for protectionist measures aimed at China heighten, trade tensions between the U.S. and China are predicted to intensify. As reported by Yonhap News, President Biden visited the United Steelworkers (USW) headquarters […]
Revival of the U.S.-China Trade War? U.S. Mulls Over TariffsOn the 16th (local time), U.S. Trade Representative Katherine Tai revealed her serious contemplation of trade defense actions, including the imposition of tariffs under Section 301 of the Trade Act, in reaction to China’s unfair trade practices. With this announcement, as the U.S. election draws closer this year, it becomes pertinent to monitor whether the […]
'Pro-China' Brazil Launches Anti-Dumping Investigation Into Chinese Steel and Other ProductsInvestigation of 6 sectors, including chemicals and tiresInventories piled up as China’s domestic demand shrinks, exported at low pricesInvestigation could escalate trade tensions Photo=Reuters Yonhap News Brazil, known for its friendly relations with China, has launched an anti-dumping investigation targeting China. This move comes as a countermeasure against China’s low-cost export of surplus products due […]
Trump Threatens 100% Tariff on Chinese Automakers' Cars Made in MexicoAccording to a report by the Detroit News on March 17, 2024 (Local time), Donald Trump said he would impose a 100% tariff on automobiles made in Mexico by Chinese automakers, double the levy he has previously said he would impose on automobiles made south of the U.S. border. Earlier this month, Trump threatened a […]
Trump Rallies for Tariffs: Promises Tough Stance on China TradeFormer President Donald Trump has signaled that if he retakes the White House, he will use “high tariffs” as a weapon in tough negotiations with China and others, stating, “I firmly believe in tariffs.” Trump, who is virtually confirmed as the Republican presidential candidate, said in an interview with an economy media CNBC on the […]
China Makes Strategic Move That Worries Western Companies According to recent assessments, Chinese companies are expanding their dominance in the mineral market despite years of sanctions. The Wall Street Journal (WSJ) reported on the 20th (local time) that China is winning the mineral war, with Chinese companies aggressively expanding their businesses, over-supplying, and driving down prices to push out competitors. According to raw […]
South Korea Preps New Strategy After U.S. Takes Bold Step Against Chinese Imports Deputy Prime Minister and Minister of Strategy and Finance, Choi Sang Mok, emphasized the need to prepare for the increasing uncertainty in the global economic and trade environment as the United States announced tariff increases on strategic items worth $18 billion imported from China. According to the Ministry of Strategy and Finance, on the 21st, […]
Trade Tensions Escalate: China Hits Back with Tariffs on U.S. Soybeans China is escalating its countermeasures against Western sanctions, particularly those imposed by the United States. It is considering imposing retaliatory tariffs against the high tariffs set by the U.S. and is exploring alternative trade partners such as Russia and Brazil. China has also hinted at retaliation against the European Union (EU) for initiating investigations into […]
White House Targets Chinese Solar Imports: Tariffs on Dual-sided Panels and Blocking Circumventing Exports through Southeast Asia The U.S. government has decided to reimpose tariffs on made-in-China dual-sided solar panels. This move comes on the heels of increasing tariffs on China-made solar cells to 50%, which doubles the existing rate, and shows that the U.S. government is targeting the Chinese solar industry. The White House announced on the 16th (local time) that […]
Will Chinese Electric Cars Dominate Europe? U.S. Tariffs Shift Focus [The Guru=Yoon Jin-Woong Reporter] Chinese electric vehicles (EVs) are being identified as disruptiv ...
Hitting China Where It Hurts: Biden Raises Tariffs on Electric Cars and Semiconductors The Biden administration in the United States has significantly increased trade barriers against China by quadrupling the tariff on Chinese electric vehicles to 100% and imposing high tariffs on some semiconductors. This move appears to preemptively block the entry of Chinese low-cost exports into the U.S. market while demonstrating its willingness to watch over China […]
Biden's Trade Tactics: New Tariffs Targeting Chinese Electric Cars The Biden administration in the United States is expected to announce a comprehensive decision on tariffs against China as early as this Tuesday, according to Bloomberg News on May 9, 2024. This is expected to target key strategic sectors while rejecting the comprehensive tariff hike pushed by former President Donald Trump. The U.S. government plans […]
Chile Takes a Stand: Slaps Up to 33.5% Tariff on Chinese Steel Chinese steel exports to Central and South America have increased by 88 times in comparison to the year 2000 The Chilean government has decided to impose anti-dumping duties of up to 33.5% on cheap Chinese steel subsidized by the Chinese government. The Chilean Anti-Competitive Market Distortions Office for the Prevention of Price Distortions announced on the […]
Fears Arise As Biden's Tariff Hike Intensifies U.S.-China Disputes On the 22nd, Samsung Securities analyzed the possibility of the U.S.-China dispute, which has resurfaced as a hot topic in the financial market and is likely to intensify. President Joe Biden recently announced plans to raise tariffs on Chinese steel and aluminum from 7.5% to 25%. The U.S. Trade Representative Katherine Tai revealed that they […]
Biden's Trade War: U.S. to Triple Tariffs on Chinese Steel After Donald Trump, President Joe Biden has also declared a substantial tariff hike on Chinese steel products and related items. As declarations and competition for protectionist measures aimed at China heighten, trade tensions between the U.S. and China are predicted to intensify. As reported by Yonhap News, President Biden visited the United Steelworkers (USW) headquarters […]
Revival of the U.S.-China Trade War? U.S. Mulls Over Tariffs On the 16th (local time), U.S. Trade Representative Katherine Tai revealed her serious contemplation of trade defense actions, including the imposition of tariffs under Section 301 of the Trade Act, in reaction to China’s unfair trade practices. With this announcement, as the U.S. election draws closer this year, it becomes pertinent to monitor whether the […]
'Pro-China' Brazil Launches Anti-Dumping Investigation Into Chinese Steel and Other Products Investigation of 6 sectors, including chemicals and tiresInventories piled up as China’s domestic demand shrinks, exported at low pricesInvestigation could escalate trade tensions Photo=Reuters Yonhap News Brazil, known for its friendly relations with China, has launched an anti-dumping investigation targeting China. This move comes as a countermeasure against China’s low-cost export of surplus products due […]
Trump Threatens 100% Tariff on Chinese Automakers' Cars Made in Mexico According to a report by the Detroit News on March 17, 2024 (Local time), Donald Trump said he would impose a 100% tariff on automobiles made in Mexico by Chinese automakers, double the levy he has previously said he would impose on automobiles made south of the U.S. border. Earlier this month, Trump threatened a […]
Trump Rallies for Tariffs: Promises Tough Stance on China Trade Former President Donald Trump has signaled that if he retakes the White House, he will use “high tariffs” as a weapon in tough negotiations with China and others, stating, “I firmly believe in tariffs.” Trump, who is virtually confirmed as the Republican presidential candidate, said in an interview with an economy media CNBC on the […]
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