The European Union and China have entered a new phase of trade tensions. The EU recently approved tariffs on Chinese electric vehicles (EVs), prompting China to retaliate. This decision has sparked a series of events that could impact businesses and consumers on both sides. The EU’s move to impose tariffs of up to 45% on […]
Related Posts
Biden Administration Seeks Colombian Role in Venezuela Talks
The Biden administration is urging Colombian President Gustavo Petro to initiate talks with the Venezuelan opposition amid growing political strife. This effort is pivotal as it seeks to safeguard a potential agreement to lift sanctions in return for Venezuela conducting free and equitable elections. Juan González, representing the U.S. National Security Council for the Western […]
Challenges in the Used Electric Car Market
As the automotive industry transitions from traditional combustion engines to electric vehicles, automakers now face the new challenge of selling used electric vehicles. Globally, buyers are hesitant about purchasing used electric cars, impacting new car sales. That is why, the used car market, valued at $1.2 trillion, sees electric vehicle prices dropping faster. Buyers avoid […]
Greenback Slides: Commodities and Currencies Align
Thursday marked a notable shift as the U.S. dollar fell to R$5.25, concluding a streak of gains. This downturn wasn’t an isolated event; it mirrored broader international market trends where emerging currencies gained strength, bolstered by robust commodity performances. The day’s trading closed with the spot dollar down by 0.64% to R$5.249 for buying and […]