WASHINGTON: Global stock markets surged on Monday (May 12) after the US and China agreed to slash steep tariffs for at least 90 days, tapping the brakes on a trade war between the world's two biggest ...

The US and China have agreed to temporarily reduce tariffs for 90 days, pausing a high-stakes trade war that had rattled ...

Once seen as a producer of clumsy knock-offs, Chinese carmakers have catapulted to the forefront of the growing global EV ...

China is simultaneously engaged in tariff disputes with the US while accelerating dialogue with European automotive ...

Mercedes-Benz CEO Ola Källenius said on Wednesday the German automaker was urging the European Union to find an "equitable ...

Pride and stubbornness are hindering the US and China from resolving their trade dispute, impacting global ... China and the EU is eliminating Chinese EV tariffs. "I'm concerned you're not ...

TAN YUNFENG/FOR CHINA DAILY ... America, EV sales stood at 0.5 million units in the first quarter, a 16 percent rise year-on-year. In 2024, around three-fifths of EVs sold in the US were ...

March EV sales in China up 36%, Europe up 24% Trump's stance towards electrification, lower pressure to sell EVs weighs on US sales Tariffs ... its auto trade-in subsidies into 2025 as part ...

By Andrea Shalal, Emma Farge, Olivia Le Poidevin and Lisa Baertlein WASHINGTON (Reuters) - Global stock markets surged on ...

History tells us that economies ... to be produced in China. Källenius said on Wednesday he expected to see momentum build in the upper end of the segment for electric vehicles in the next ...