US Raises Tariffs on Chinese Solar, Tungsten Products
The Biden administration raised tariffs on Chinese solar wafers and polysilicon to 50% and tungsten products to 25%, effective January 1st, 2024, to protect U.S. clean energy businesses and counter China's trade practices, escalating existing trade tensions.
US Raises Tariffs on Chinese Solar, Tungsten Products
The Biden administration raised tariffs on Chinese solar wafers and polysilicon to 50% and tungsten products to 25%, effective January 1st, 2024, to protect U.S. clean energy businesses and counter China's trade practices, escalating existing trade tensions.
Progress
40% Bias Score
Trump's Tariff Threats Shake Global Markets
Donald Trump's 2024 election victory was initially celebrated by the US stock market, but concerns arose over his renewed threats of tariffs on China, Canada, Mexico, and other trade partners, potentially leading to a global trade contraction of up to 10% and a 1% reduction in US economic growth, ac...
Trump's Tariff Threats Shake Global Markets
Donald Trump's 2024 election victory was initially celebrated by the US stock market, but concerns arose over his renewed threats of tariffs on China, Canada, Mexico, and other trade partners, potentially leading to a global trade contraction of up to 10% and a 1% reduction in US economic growth, ac...
Progress
40% Bias Score
"China's Semiconductor Exports Surge 20.3% Despite US Sanctions"
"Despite US efforts to curb China's technological rise, China's semiconductor exports surged 20.3% to $142.17 billion in the first 11 months of 2024, exceeding automobile and mobile phone exports, driven by domestic innovation and global demand for Chinese-made smart devices."
"China's Semiconductor Exports Surge 20.3% Despite US Sanctions"
"Despite US efforts to curb China's technological rise, China's semiconductor exports surged 20.3% to $142.17 billion in the first 11 months of 2024, exceeding automobile and mobile phone exports, driven by domestic innovation and global demand for Chinese-made smart devices."
Progress
44% Bias Score
EU, Mercosur finalize landmark free trade deal
The EU and Mercosur finalized a free trade agreement after 25 years of negotiations, creating a massive free trade zone covering 780 million people, despite opposition from France and concerns about environmental standards and fair competition for farmers.
EU, Mercosur finalize landmark free trade deal
The EU and Mercosur finalized a free trade agreement after 25 years of negotiations, creating a massive free trade zone covering 780 million people, despite opposition from France and concerns about environmental standards and fair competition for farmers.
Progress
44% Bias Score
Chinese Firms Adapt to Global Trade Tensions with Localized Strategies
Faced with rising trade protectionism, Chinese companies are strengthening localized production and technological innovation to navigate global challenges, focusing on optimizing supply chains and building stronger brands in overseas markets.
Chinese Firms Adapt to Global Trade Tensions with Localized Strategies
Faced with rising trade protectionism, Chinese companies are strengthening localized production and technological innovation to navigate global challenges, focusing on optimizing supply chains and building stronger brands in overseas markets.
Progress
40% Bias Score
BRI Boosts Global Trade: China-Laos Trade Surges 26.6%
The Belt and Road Initiative (BRI) has significantly boosted global trade and economic cooperation, with China-Laos trade surging 26.6 percent in 2023 to $7.1 billion thanks to the China-Laos Railway, while China-Europe freight trains transported over 11 million containers worth over $420 billion, s...
BRI Boosts Global Trade: China-Laos Trade Surges 26.6%
The Belt and Road Initiative (BRI) has significantly boosted global trade and economic cooperation, with China-Laos trade surging 26.6 percent in 2023 to $7.1 billion thanks to the China-Laos Railway, while China-Europe freight trains transported over 11 million containers worth over $420 billion, s...
Progress
64% Bias Score
Crecimiento estable en Asia a pesar de la incertidumbre política en EE.UU.
El Banco Asiático de Desarrollo redujo sus previsiones de crecimiento para Asia, citando incertidumbre por cambios políticos en EE.UU., mientras que China, elogiada por líderes económicos mundiales, se mantiene como un motor de crecimiento estable gracias a su mercado interno y apertura.
Crecimiento estable en Asia a pesar de la incertidumbre política en EE.UU.
El Banco Asiático de Desarrollo redujo sus previsiones de crecimiento para Asia, citando incertidumbre por cambios políticos en EE.UU., mientras que China, elogiada por líderes económicos mundiales, se mantiene como un motor de crecimiento estable gracias a su mercado interno y apertura.
Progress
56% Bias Score
Biden warns of economic 'catastrophe' under Trump's planned tariffs
President Biden criticized President-elect Trump's planned tariffs on imports from Canada, Mexico, and China, warning of increased consumer prices and potential economic catastrophe; Trump's inauguration is scheduled for January 20th.
Biden warns of economic 'catastrophe' under Trump's planned tariffs
President Biden criticized President-elect Trump's planned tariffs on imports from Canada, Mexico, and China, warning of increased consumer prices and potential economic catastrophe; Trump's inauguration is scheduled for January 20th.
Progress
40% Bias Score
Celsa's Ownership Shift and Debt Restructuring
After a legal battle, Spanish steelmaker Celsa, previously controlled by the Rubiralta family, is now majority-owned by creditors led by Deutsche Bank and Anchorage Capital following a debt-to-equity conversion; the company is now focused on debt reduction and seeking a strategic partner.
Celsa's Ownership Shift and Debt Restructuring
After a legal battle, Spanish steelmaker Celsa, previously controlled by the Rubiralta family, is now majority-owned by creditors led by Deutsche Bank and Anchorage Capital following a debt-to-equity conversion; the company is now focused on debt reduction and seeking a strategic partner.
Progress
40% Bias Score
EU-Mercosur Trade Deal Finalized Amidst Global Trade Uncertainty
The European Union and Mercosur finalized a major trade deal after lengthy negotiations, creating a vast trade zone amid global trade uncertainties and US tariff threats, despite French opposition due to agricultural and environmental concerns.
EU-Mercosur Trade Deal Finalized Amidst Global Trade Uncertainty
The European Union and Mercosur finalized a major trade deal after lengthy negotiations, creating a vast trade zone amid global trade uncertainties and US tariff threats, despite French opposition due to agricultural and environmental concerns.
Progress
40% Bias Score
Maersk to Expand Hamburg Office, Creating Numerous Jobs
Maersk, a Danish shipping and logistics giant, will expand its Hamburg office, creating many new jobs, reflecting Hamburg's significance as a key logistics hub in Northern Europe; the company's regional chief cited excellent rail connections and numerous logistics firms in the area as major factors ...
Maersk to Expand Hamburg Office, Creating Numerous Jobs
Maersk, a Danish shipping and logistics giant, will expand its Hamburg office, creating many new jobs, reflecting Hamburg's significance as a key logistics hub in Northern Europe; the company's regional chief cited excellent rail connections and numerous logistics firms in the area as major factors ...
Progress
16% Bias Score
BRI's Economic Impact: $7.1 Billion China-Laos Trade Surge, $420 Billion in Freight
The Belt and Road Initiative (BRI) has seen remarkable economic growth, with China-Laos trade surging 26.6% in 2023 to $7.1 billion thanks to the China-Laos Railway, while China-Europe freight trains have moved over $420 billion in goods, highlighting the initiative's far-reaching impact on global t...
BRI's Economic Impact: $7.1 Billion China-Laos Trade Surge, $420 Billion in Freight
The Belt and Road Initiative (BRI) has seen remarkable economic growth, with China-Laos trade surging 26.6% in 2023 to $7.1 billion thanks to the China-Laos Railway, while China-Europe freight trains have moved over $420 billion in goods, highlighting the initiative's far-reaching impact on global t...
Progress
56% Bias Score