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China accuses US of ‘double standards’ over tariff threat
Posted onDonald Trump’s latest threat to impose an additional 100% tariff on Chinese goods is “a typical example of US double standards”, China’s government has said. A Commerce Ministry spokesperson also said China could introduce its own unspecified “countermeasures” if the US President carries out his threat, adding it was “not afraid” of a possible trade…
New car sales hit 2m, but EV discounts cant go on, warns SMMT
Posted onTheo LeggettBusiness Correspondent Getty Images Government discounts for electric vehicles are “unsustainable”, a major motoring group has warned, as the number of new cars registered in the UK exceeded two million last year for the first time since the pandemic. Nearly 500,000 of the new cars sold were electric, according to new figures from the…
Trump threatens to pull out of planned Xi meeting
Posted onPresident Donald Trump has threatened to pull out of an expected meeting with President Xi Jinping of China after Beijing tightened its rules for exports of rare earths. In a post on social media, Trump said he now saw “no reason” to meet with President Xi later this month, accusing China of “becoming very hostile”…
