Alexa

Bidenomics: More stimulus, tougher regulation, and gridlock

U.S. President-elect Joe Biden will inherit a vulnerable economic recovery under threat from a resurgent virus, likely with a divided Congress that will hinder his ability to address the challenges. ...

Car sales surge in Taiwan despite coronavirus pandemic

TAIPEI (Taiwan News) — Car sales surged by more than 15 percent in Taiwan in March, despite the onslaught of the Wuhan coronavirus (COVID-19) pandemic, with electric car maker Tesla forcing its ...

EU backs start of trade talks with US

The European Union can now begin trade negotiations with the United States after its member states on Monday voted by a clear majority to approve the negotiating mandates put forward by the European C...

Taiwan smashes Mercedes S-class without license plates into scrap metal

TAIPEI (Taiwan News) - A Mercedes worth NT$7 million (US$226,500) was stopped by police after a four-minute drive without license plates, and smashed into scrap metal, reports said Friday. In Novem...

Donald Trump: Car tariffs hinge on trade talks with 'very difficult' EU

US President Donald Trump has said that he may impose tariffs on cars and auto parts imported from the European Union if Washington is unable to make a trade deal with Brussels. The comments came dur...

Jean-Claude Juncker: Trump gave 'word' not to impose car tariffs

With fresh tensions boiling between US and the European Union on car imports, EU Commission head Jean-Claude Juncker said he believed there would be no immediate tariffs imposed by US President Donald...

In GM country, workers aren't abandoning Trump - so far

LORDSTOWN, Ohio (AP) — Since General Motors announced its decision this week to shut down its hulking Lordstown plant — the anchor of this northeast Ohio town — workers on the line have had nothing bu...

Business Highlights

___ Stocks surge as Powell hints at slower interest rate hikes NEW YORK (AP) — U.S. stocks made their biggest gain in eight months after Federal Reserve Chairman Je...

Sieren's China: Is there a thaw in Sino-Japanese relations?

Japan and China are behaving in a more friendly fashion toward each other. Shinzo Abe's visit to Beijing last month, the first since he began his second term as Japan's prime minister in 2012,...

Trump vs EU: next round in battle features White House visit

BRUSSELS (AP) — One of the European Union's main leaders will sit down with U.S. President Donald Trump on Wednesday hoping to convince him to hold off from raising tariffs on imported cars and avoid ...

EU: No new trade offer when Juncker meets Trump

European Commission President Jean-Claude Juncker will not arrive in Washington with a specific trade offer to stop US President Donald Trump from imposing higher tariffs on European cars, the Commiss...

EU to hit back if US imposes tariffs on car imports

BRUSSELS (AP) — The European Union says it is already preparing measures to retaliate against the U.S. if President Donald Trump imposes tariffs on imported cars and auto parts. EU T...

Volkswagen opens Rwanda's 1st car assembly plant

KIGALI, Rwanda (AP) — German carmaker Volkswagen has opened the first car assembly plant in Rwanda's capital in a milestone for the East African country that is trying to cut back on used car imports ...

Not so easy: Trump's trade agenda hits stumbling blocks

WASHINGTON (AP) — President Donald Trump's hard-line views on trade, a staple of his message long before he entered politics, are beginning to collide with the cold realities of global geopolitics. ...