China is closely watching the US election, but many people there don’t expect much change in the tense relationship between the two countries. Whether it’s Trump or Harris who wins, it seems like US policy toward China will stay the same. The past four years have seen both tariffs and talk of better
You might not think of Southeast Asia as a big player in the trade war between the U. S. and China. But the Association of Southeast Asian Nations (ASEAN) has been quietly making gains. The International Monetary Fund (IMF) says ASEAN has been strengthening its trade and investment links with both c
US-based drone maker Skydio has found itself in a tricky situation. Last month, China decided to sanction the company. Why? Because Skydio sold its drones to Taiwan’s national fire service. This news came from Skydio’s CEO, Adam Bry, in a blog post. Before the sanctions, Skydio mostly got its batte
Chinese automakers are being advised to press the brakes on major investments in European countries that have backed new tariffs on Chinese electric vehicles (EVs). This decision comes as a response to the European Union's (EU) recent imposition of tariffs, which can reach up to 45. 3%, following a
The 2024 presidential election has put a bright spotlight on Michigan's automotive industry. With the state being a crucial swing state and home to 1. 1 million automotive jobs, both Vice President Kamala Harris and former President Donald Trump have made frequent appearances there to win voters' fa
Former U. S. President Donald Trump stirred up controversy on "The Joe Rogan Experience" podcast, accusing Taiwan of stealing the U. S. chip industry. He criticized the U. S. CHIPS Act and proposed tariffs on Taiwanese chips if he were to be re-elected. This would directly impact Taiwan Semiconducto
The U. S. Treasury Department has put forth a new rule to prevent American investors from helping China develop advanced military technology. This rule, which will take effect on January 2, 2024, is a follow-up to an executive order issued by President Joe Biden back in August 2023. The goal is to r
The New England Patriots, with a bleak 2-6 record, are mulling over the idea of making some trades. They could turn into sellers to grab draft picks from contending teams interested in their veteran players. The NFL trade deadline is creeping up, set for November 5th. "The Patriots are definitely r
Tariffs can really slow down economic growth, making a country less rich than it could be. Free trade helps boost wealth by letting nations make things they're best at. The U. S. excels at making advanced planes, like those from Boeing, and high-tech chips, like ones made by Nvidia. Plus, it's cheap
Mexico is seeing a significant increase in trade with the United States, especially since the United States-Mexico-Canada Agreement (USMCA) came into force. This agreement allows products made in Mexico using foreign materials to be labeled as "Made in Mexico" and avoid certain tariffs. Companies li
