Now playing Next 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. 05/07/2024
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Now playing Next 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. 24/06/2024
Now playing Next 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. 13/06/2024
Now playing Next 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. 20/05/2024
Now playing Next 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? 19/04/2024
Now playing Next 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. 25/03/2024
Now playing Next 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. 05/12/2023
Now playing Next 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. 20/10/2023
Now playing Next 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. 08/09/2023
Now playing Next 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. 05/12/2022
Now playing Next 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. 02/12/2022
Now playing Next 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. 07/11/2022
Now playing Next 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. 14/01/2022
Now playing Next 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. 25/07/2020
Now playing Next 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`". 15/01/2020
Now playing Next 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. 14/12/2019
Now playing Next 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. 08/08/2019
Now playing Next 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. 06/08/2019
Now playing Next 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. 06/08/2019