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FINANCE

Biden Proposes Tripling Tariffs on Chinese Steel, Aluminum to Counter Beijing’s Product Dumping

In a move aimed at countering China's rampant export of its excess industrial capacity, U.S. President Joe Biden proposed a hefty tariff increase on Chinese steel and aluminum. The proposal

China’s Overseas Product Dumping: Addressing Unfair Competition Caused by Systemic Differences

By Dr. Chen Po-chih The recent surge in low-priced exports of electric vehicles (EVs) from China has raised concerns within the European Union, prompting an anti-dumping investigation. Tesla's Elon Musk,
TikTok Surges in Vietnam Despite Increased Regulatory Pressures
US and Japan Forge Deeper Alliance to Counter China, Strengthen Economic Ties
How Noncompete Agreements and Corporate Surveillance Are Crushing China’s Tech Workers
Communist China Heads Down a Road of Isolation and Impoverishment
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Production Delays, Disarray in Boeing Factory Prior to Door Plug Near Tragedy, WSJ Reports
Japan Reverses Course, Increases Interest Rates for First Time in 17 Years
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China’s Third Quarter GDP Falls Below Expectations, Weakest Growth Rate in a Year
China released its third-quarter GDP numbers and the results are lower than market expectations. According...
The Countering China Economic Coercion Act seeks to protect the interests of America and its allies.
Countering Beijing’s Economic Retaliation Tactics Through New US Bill
A bipartisan group of lawmakers recently announced a bill that aims to counteract the Chinese regime’...
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COVID-19 Crisis Fans Inflation of Food Prices, Rent, and Fuel
Consumer prices rose 8.6 percent last year induced by skyrocketing energy tariffs that are further hampering...
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Chinese Property Companies Hit With Credit Downgrades as Evergrande Crisis Deepens
Property firms in China are going through one of the most difficult times in recent memories, with real...
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FDA Weighs Endorsing a Johnson & Johnson Booster Shot
On Oct. 13, U.S. drug regulators said a second shot of Johnson & Johnson’s single-shot COVID-19 vaccine...
U.S. Treasury Secretary, Janet Yellen speaks during a press conference after attending the G7 Finance Ministers meeting at Winfield House on June 5, 2021 in London, England. G7 leaders want to enact a global 15 percent minimum corporate tax rate.
IRS Plan to Monitor All Transactions Over $600 Sparks Opposition
A Biden administration proposal that would allow tax officials to scrutinize all transfers of money over...
Southwest Airlines Cancels More Than 1800 Flights; Blames Air Traffic Control Issues, Weather
Since Friday, Southwest Airlines has canceled more than 1800 flights, igniting speculation about a massive...
A contact tracing QR code is seen at the entrance of a restaurant in Sydney on July 13, 2021. Rashays, a 27-location chain based in Sydney, says it will not reopen its doors when the New South Wales government relaxes restrictions on Oct. 1. Instead, Rashays will wait until Dec. 1 when vaccine passports are scheduled to be scrapped entirely. Co-founder Rami Ykmour said his company expects to lose $10 million during the delay, but feels the sacrifice is worth it for their business values.
Australian Restaurant Chain Expects to Lose $10 Million to Postpone Reopening Until ‘It’s a One-tier
A 27-location restaurant chain in Australia’s New South Wales (NSW) state will remain closed after the...
Trading of Evergrande Shares Halted; Worries Concerning Chinese Property Market Deepen
On Oct. 4, Evergrande halted trading of its shares on the Hong Kong Stock Exchange (HKSE) pending a “...