The United States will treat essential materials for green technologies mined or processed in the European Union as if they came from the US. This was agreed by President Ursula von der Leyen of the European Commission and US president Joe Biden. Von der Leyen visited Biden at the White House. The agreements, which need to be further elaborated, should …
The Western world with the United States at the forefront has blocked, restricted and oppressed China in recent years. That’s what Chinese president Xi Jinping said last night at the Annual Meeting of the people’s Congress. Normally, Xi is more cautious in his statements.. Xi said that the West’s actions have created “unprecedented challenges for China’s development” at a time …
German Chancellor Olaf Scholz visited US President Joe Biden at the White House on Friday. Among other things, they held talks about the war in Ukraine and about China’s growing role in the conflict. “We support Ukraine as long as necessary,” they said. The conversation took place mainly behind closed doors. Biden praised Germany’s bolstered military support for Ukraine. Scholz …
The United States imposes a 200 percent import duty on aluminum from Russia. In this way, the US government hopes to keep Russian aluminum out of the door, eliminating an important sales market. The trade barrier is part of a new package of sanctions with which the Americans want to punish Russia for the invasion of Ukraine, which began exactly …
The almost forgotten conflict between China and Tibet has flared up again as U.S. lawmakers in the House of Representatives and Senate have introduced a bill to strengthen U.S. policies for the peaceful resolution of their disputes over Tibet, Tibet Press reports. According to Tibet Press, the law, which is known as the Resolve Tibet Act, will make the official …
US President Joe Biden on Friday shot down a still unknown object from the sky over the state of Alaska. It is not known whether the weather is a “spy balloon”. The first signs of the unknown object arrived Thursday, according to the White House. Due to the fact that it flew at an altitude of 12 kilometers, it posed …
The Biden administration is holding a sale of oil and gas drilling rights off the coast of Alaska on Friday, the first federal auction in the region in more than five years. The sale of nearly 1 million acres in the Cook Inlet is one of the concessions to the oil and gas sector in the climate change law signed …
Oil prices continued to rise on Tuesday due to the expectation that Chinese demand for the fuel will continue to increase. The second largest economy in the world is taking further steps to release the strict Corona policy. For example, travelers going to China will no longer have to quarantine from January 8. The country opens its borders after three …
The U.S. government is once again blacklisting Chinese companies. 36 companies are involved, including chip manufacturer Yangtze Memory Technologies (YMTC). US blacklisted companies cannot do business with US suppliers without a license. They are also strictly controlled. According to Bloomberg News Agency, the US Department of the economy is already adding Chinese companies to the trade list this week. The …
The United States violated international trade agreements when tariffs on aluminum and steel were imposed under former president Donald Trump. This was decided by the World Trade Organization WTO. The United States rejected the organization’s decision. Nor will it lead to the removal of taxes. Under Trump, in 2018, import duties of 25 percent were imposed on global imports of …
