U.S. Legislative Actions Raise Concerns Over Global Competition Stability
U.S. legislative measures like the Biosecure Act targeting Chinese companies raise concerns about the stability of global competition and the future of international trade.
My Global News: Voices of a New Era
🌍 Stay Ahead, Stay Global 🚀
U.S. legislative measures like the Biosecure Act targeting Chinese companies raise concerns about the stability of global competition and the future of international trade.
WTO’s latest report highlights how geopolitical tensions, climate change, and technological advancements are reshaping trade-led development, potentially leading to increased trade fragmentation.
China has filed a complaint with the WTO against the EU’s tariffs on Chinese electric vehicles, signaling rising trade tensions in the global EV market.
China challenges the EU’s new electric vehicle tariffs by filing an appeal with the WTO, citing unfair practices and urging for stable economic cooperation.
At the WTO’s latest trade policy review, the Chinese delegation denied overcapacity and economic coercion claims, highlighting commitments to reform and high-quality development.
China held a side meeting in Geneva to clarify its trade policies ahead of the WTO’s ninth review, aiming to enhance understanding and trust among WTO members through transparent economic strategies.
China has requested the WTO to establish a panel addressing the U.S. Inflation Reduction Act’s electric vehicle subsidies, citing unfair trade barriers.
China strongly opposes Turkey’s new 40% tariffs on Chinese vehicles, calling the move discriminatory under WTO rules.
Global EV industry faces opposition as the EU imposes new tariffs on Chinese electric vehicle imports, raising concerns over fair trade and industry disruption.
China remains the world’s top merchandise exporter for the seventh year, holding a 14.2% share. The Ministry of Commerce highlights steady performance amid global economic challenges, with projections pointing to gradual recovery.