Latest news with #ChineseImports
Wall Street Journal
6 days ago
- Business
- Wall Street Journal
Battery-Material Producer Shares Rise as U.S. Set to Tariff Chinese Graphite
Shares of some Asia-Pacific battery-material producers rose sharply Friday, after the U.S. moved to impose hefty duties on graphite—a key component of battery anodes—imported from China. The U.S. Commerce Department will impose preliminary anti-dumping duties of 93.5% on Chinese graphite imports, after determining the materials were unfairly subsidized, according to a statement posted online late Thursday by the American Active Anode Material Producers.
Bloomberg
07-07-2025
- Business
- Bloomberg
Top Spain Stainless Steel Maker Wants EU to Be More Like Trump on Trade
Europe's approach to trade will need to be more like Donald Trump's to protect an ailing steel industry from a flood of Chinese imports, according to the head of one of the region's top stainless steel makers. Only outright tariffs can counter the wave of cheap Asian supplies that a safeguard system under the World Trade Organization's free-trade rules has failed to contain, said Bernardo Velazquez, chief executive officer of Spain's Acerinox SA.
Bloomberg
05-07-2025
- Business
- Bloomberg
France Urges Tariff Barriers to Stop China From Killing Industry
French Finance Minister Eric Lombard said Europe must shore up its tariff barriers to counter Chinese imports that risk harming the continent's industrial economy. Europe has already taken action on steel and automobiles, but rules must be changed to allow the wider use of measures against imports from China, Lombard said.
The Independent
30-06-2025
- Business
- The Independent
Owning a cat in the US will get more expensive because of tariffs
Thailand's pet food producers are bracing for the end of a 90-day pause on US tariffs, set to expire on July 9. The pause temporarily reduced a steep 36 percent tariff on Thai pet food exports to the US, which is the largest foreign supplier. If no deal is reached, the 36 percent tariff could be reinstated, potentially leading to higher pet food prices for American consumers and forcing Thai producers to suspend shipments. Thai officials are hopeful of negotiating a lower tariff, possibly 10 percent, before the deadline, with trade talks reportedly making good progress. While some Thai companies face challenges, others have benefited from higher tariffs imposed on Chinese imports, allowing them to compete better in the US market.
Bloomberg
11-06-2025
- Business
- Bloomberg
Chinese Exports Flood Southeast Asia on US Tariffs, Citi Says
Vietnam, Thailand and Indonesia are among Asian countries seeing the sharpest surge in Chinese imports as higher US tariffs upend regional trade, according to Citigroup Inc. China's export push in Southeast Asia may be a sign of trade diversion, as direct exports to the US have fallen sharply in recent months, Citi's head of emerging-markets economic research Johanna Chua wrote in a report Tuesday.
