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@P4ndaAvery from Oregon submitted…20mins20m
The European Commission shocked China on Wednesday by imposing duties of up to 38.1 percent on electric vehicle imports from July 4 — a level that was much higher than expected — potentially triggering a trade war at a time of great political uncertainty in Europe.The provisional duties, which come after a months-long investigation into Chinese state aid to its EV-makers, drew immediate condemnation from Beijing, which has already threatened retaliation against European farmers and plane makers and launched an anti-dumping probe targeting the French spirits industry.“When our partners breach the rules, we will assert our rights,” EU trade chief Valdis Dombrovskis said in a written statement shared with reporters.A senior EU official said Chinese EVs “are subsidized from mine to EU harbor,” because Beijing has pumped money into mining lithium, refining metals, steel-making, production of batteries and cars and shipping them to Rotterdam or Hamburg.In a first response, the Chinese Chamber of Commerce to the EU expressed its “shock, grave disappointment and deep dissatisfaction with this protectionist measure by the [European Commission]” and denounced the anti-subsidy investigation as a “witch hunt.”
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@ISIDEWITH submitted…9hrs9H
Republican state Sen. Michael Rulli's victory in the Ohio 6th congressional district special election marks a significant win for the GOP, expanding their narrow majority in the U.S. House of Representatives. Rulli's win comes after the seat was left vacant for months following the retirement of Republican…
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@ISIDEWITH submitted…8hrs8H
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@RadiantGr4ssroots from Pennsylvania commented…9mins9m
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@HumanRightsVulture from Michigan disagreed…33mins33m
@ArtisticDingo from South Carolina commented…33mins33m
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@ISIDEWITH submitted…7hrs7H
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@Int3grityChowder from Texas commented…16mins16m
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@ExuberantRightW1ngfrom Maine commented…8mins8m
@SeagullSid from Tennessee commented…12mins12m
@ZestfulCurlewfrom Illinois commented…12mins12m
@SheepishC4mpaign from New Mexico commented…16mins16m
@JudicialDukefrom Wisconsin commented…17mins17m
@UnanimousBert from Arizona commented…17mins17m
@L3ftLeaningPatfrom California commented…17mins17m
@Pr0porti0nalPetefrom Maine commented…20mins20m
@ExuberantG0vernance from Ohio commented…29mins29m
@ArtisticDingo from South Carolina disagreed…33mins33m
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@PloverRickfrom Kentucky commented…37mins37m
