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Wednesday 30 July 2025
EU launches EUR30B AI gigafactory plan to catch up in AI computing power
Facing competition from the US and China in artificial intelligence (AI), the European Union (EU) has initiated a massive EUR30 billion (approx. US$34.7 billion) GW-scale AI factory...
Monday 28 July 2025
US and EU strike trade deal to cap tariffs at 15%, averting broader conflict
After months of negotiations, the US and the EU announced a new trade framework agreement, effective August 1, under which the US will impose a unified 15% tariff on most European...
Friday 25 July 2025
Tariffs blur ASML's outlook, but China anchors the bottom line
ASML CEO Christophe Fouquet tempered the company's solid second quarter 2025 results with a warning: growth in 2026 is far from guaranteed. "While we still prepare for growth in 2026,...
Thursday 24 July 2025
BYD delays Hungary plant, pivots to Turkey in Europe strategy shift
Chinese electric-vehicle maker BYD is reshaping its European manufacturing plans, pushing back mass production at its Hungary facility while fast-tracking a Turkey plant as it grapples...
Monday 21 July 2025
Corning dodges EU antitrust clash with 'Gorilla Glass' deal
Corning Inc. has avoided the threat of European Union antitrust fines, after it agreed to end exclusivity terms in its supply contracts for break-resistant smartphone screens that...
Friday 18 July 2025
The tariff show distracts from Trump’s real trade weapon
As the 90-day grace period for reciprocal tariffs ends, the Trump administration has sent tariff notices to trade partners. Effective August 1, 2025, Japan and South Korea will face...
Wednesday 16 July 2025
European automakers confront Trump 2.0 tariff reality
The Trump administration has unveiled the second wave of reciprocal tariffs, escalating trade tensions with the European Union. Under the latest announcement, tariffs on EU imports...
Wednesday 16 July 2025
EV disputes remain a roadblock to EU-China relations
As the European Union and China prepare to celebrate the 50th anniversary of their diplomatic relations with a high-level summit in Beijing at the end of July 2025, the atmosphere...
Tuesday 15 July 2025
Trump rekindles history as allies scramble in trade turmoil
The Trump administration is exploiting uncertainty and escalating tariff threats as its new strategy to force countries to comply with US demands. Starting on August 1, the US will...
Monday 14 July 2025
Industry calls for delay as EU's AI crackdown begins
The EU has released the Code of Practice ("Code") for General-Purpose AI Models (GPAI), a preparatory measure for the AI Act set to take effect on August 2, 2025. The Code aims to...
Saturday 12 July 2025
Trump's 30% tariff threat to EU and Mexico comes with fine print
President Donald Trump unleashed his latest tariff ultimatums, declaring a 30% rate for Mexico and the European Union, as his trade agenda continues to keep allies off balance and...
Friday 11 July 2025
Auto giants squeezed as Trump’s trade brinkmanship stirs EU, Japan standoff
The US has unveiled its latest round of reciprocal tariffs, set to take effect on August 1, 2025. Countries that have yet to reach an agreement with President Donald Trump's administration...
Wednesday 25 June 2025
EU tariffs on Chinese EVs spark high-stakes talks as China leverages brandy, pork, rare earths for minimum-price deal
The European Union (EU) imposed anti-subsidy duties on Chinese battery electric vehicles (BEVs) in October 2024, with combined tariffs reaching up to 45% for a duration of five years...
Friday 13 June 2025
Trump's NATO demands fuel EU defense boom, Taiwan's tech cash in
Europe's military-industrial supply chain is experiencing renewed momentum as US President Donald Trump's hardline stance on NATO defense budgets continues to reshape spending priorities...
Wednesday 11 June 2025
China IC exports up 18.9%; ASEAN overtakes US as largest trade partner
China is ramping up trade ties with ASEAN and the EU as US-China tensions deepen and global supply chains continue to shift. According to June 2025 data from the General Administration...