Hints and tips:
...A Wagner-connected, Russia-based company called Broker Expert bought 20,000 polymer-based helmets from a small Chinese company called Hangzhou Shinerain Import And Export Co in November and December last...
...Since Washington imposed the export controls last year, US and South Korean officials have held intensive talks about how, and under what conditions, the chipmakers could continue to operate in China....
...Washington earlier restricted such imports from California chip companies Nvidia and AMD....
...Bart Goethals, the chief commercial officer of Nemo Link Ltd, which operates the interconnector linking Belgium with the UK, warned that the CBAM risked creating “a very significant trade barrier”....
...But it is the rise of affordable Chinese EVs that is making carmakers nervous around the world and “prompting protectionist governments to consider trade restrictions”....
...Exports to the EU were one of the great hopes for the industry after the US limited access by levying heavy tariffs on Chinese car imports while offering subsidies for domestically produced EVs....
...Washington has accused the Hangzhou-based company of supplying the Chinese government with surveillance cameras that facilitate the repression of 1mn Uyghurs who have been detained in camps in the north-western...
...It accounts for 80 per cent of Lebanon’s wheat imports and is a leading supplier for countries in Africa and the Middle East....
...to trade tensions and geopolitical shocks in an increasingly volatile region....
...Both the EU and the UK are expected to lay out tough negotiating positions today ahead of trade talks next month....
...The Office for Budget Responsibility, the independent fiscal watchdog, has estimated that exports and imports “will be around 15 per cent lower in the long run”, which roughly matches last month’s ONS trade...
...Chief operating officer Ashwani Gupta said the agreement between the EU and the UK had created a “positive environment” that puts the Japanese carmaker at an advantage over rivals than import models to the...
...Donald Trump has sparked trade disputes with China and Europe, partly to restore the fortunes of US auto manufacturing....
...South Africa adapted by reducing the number of models it made, and by becoming an international export hub. It now has major operations from BMW, Ford, Toyota and Volkswagen....
...Business leaders in Sunderland fear they will be left in the latter camp given the reliance on companies that need to import and export goods and supplies, not least Nissan, the biggest private employer...
...Industrial Economics and Trade....
...Raw material imports to Korea are also subject to delays, further reducing output and meaning higher prices and longer delivery times....
...Shares in Japanese carmakers fell on Friday after the Trump administration said it would slap tariffs on all Mexican exports, in a fresh sign that global trade tensions are accelerating....
...Vauxhall’s Ellesmere Port plant looks the most exposed because it imports three quarters of its components and exports 80 per cent of the vehicles made there to Europe....
...“This consolidation is made easier by the new EU-Japan trade deal which will allow Honda to produce their cars in Japan and import them into the EU, rather than produce the cars in Europe,” said Mr Tomlinson...
...That will become even more important following Brexit, since free trade agreements typically require that goods for export contain a minimum amount of home-made components, under so-called “rules of origin...
...This is what made Brexit dangerous for the UK industry, which not only exports 80 per cent of cars it produces, but relies on frictionless imports of parts to run just-in-time assembly lines....
...Trinh Nguyen, a Natixis Asia economist, noted that Singapore and South Korea — both bellwethers for regional trade — saw a double-digit contraction of electronic exports in December, foreshadowing a “cyclical...
...Nissan’s reversal of its decision comes as the UK automotive sector is in the midst of preparing for a no deal Brexit that could see EU imports and exports face tariffs and border checks....
...While global markets this week have broadly shrugged off the escalating trade tension between Washington and Beijing, analysts and economists are warning the latest round of US tariffs on Chinese imports...
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