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Iran set ablaze two tankers in Iraqi waters as it stepped up attacks on oil and transport facilities across the Mi...
BEIJING, Feb 20, 2025 – China is “doing its best” to push for talks with the European Union over tariffs imposed on Chinese-made electric vehicles, a commerce ministry spokesperson said on Thursday.
The comments come nearly four months after the EU raised import duties to as high as 45.3% in October following an anti-subsidy probe into Chinese firms.
"He Yadong, a spokesperson for China’s commerce ministry, said, 'China has been doing its best to push for negotiations with the EU. It is hoped that the EU will take notice of the call from industry and promote bilateral investment cooperation through dialogue and consultation,'" Reuters reported.
The increased tariffs were implemented after the European Commission launched an investigation to determine if Chinese manufacturers benefited from preferential grants, financing, land allocations, and access to batteries and raw materials at below-market prices.
In addition to pressing for tariff talks, China has initiated its own investigations into imports of several European products, including brandy, dairy, and pork. When asked about the progress of these cases, He noted that China’s anti-dumping probe into Europe’s pork products and its anti-subsidy investigation into the EU dairy trade were still ongoing. "We will conduct the investigation in an open and transparent manner in accordance with Chinese laws and regulations and World Trade Organization rules," he added.
China’s commerce ministry recently extended its anti-dumping investigation into EU brandy imports by three months, with the new deadline set for April 5.
The push for renewed negotiations comes as both sides continue to assess and recalibrate their trade policies amid broader economic tensions. While the EU maintains its stance on protecting its domestic industries, Chinese officials emphasize the need for dialogue to resolve disputes and foster closer bilateral investment cooperation.
The 32 countries belonging to the Internatioanl Energy Agency agreed to release 400 million barrels of oil on Wednesday (11 March), in efforts aimed at bringing down the price of crude oil, which has soared since fighting between Iran, Israel and the U.S. started at the end of February.
U.S. President Donald Trump called his recent phone conversation with Russian President Vladimir Putin “very good.” The two leaders spoke on Monday about the situation in Iran and other international issues.
A towering lava fountain from Kilauea shot about 400 metres into the air late on Tuesday (11 March) on Hawaii Island, prompting temporary closures at Hawaii Volcanoes National Park and part of a key highway as volcanic ash and debris fell over nearby areas.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 10th of March, covering the latest developments you need to know.
Australia has granted humanitarian visas to five Iranian women footballers who sought asylum, fearing persecution after refusing to sing their national anthem at an Asia Cup match.
China has raised the retail prices of petrol and diesel after global oil prices climbed sharply. The country’s top economic planning body, the National Development and Reform Commission (NDRC), announced the move after reviewing international oil market trends.
Global financial markets remained on edge on Friday as the escalating war involving the United States, Israel and Iran continued to rattle investors, fuelling volatility in stocks and sending energy prices sharply higher.
China’s top leadership has unveiled a new push to turn advanced technologies into large-scale industrial priorities as part of the country’s upcoming 15th Five-Year Plan, which will guide economic and social development from 2026 to 2030.
The European Commission sees no immediate impact on the European Union's security of oil supply from the escalating conflict in the Middle East, it said in an email to EU governments, seen by Reuters on Monday (2 March).
Paramount Skydance emerged as the winner in a months-long battle to acquire Warner Bros Discovery after streaming giant Netflix on Thursday refused to raise its bid for the storied Hollywood studio.
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