Automotive

New electric vehicle tax credits raise talk of trade war

A new tax credit for U.S. buyers of qualifying electric vehicles made in North America has ignited the specter of a trade war as a domestic imperative of the Biden administration and Democrats collides with the complex realities ...

Business

US holds off on extra tariffs in EU Airbus dispute

Washington said Wednesday it would hold off on its threat to impose higher tariffs on $7.5 billion worth of EU goods in its long-running dispute over subsidies to European aircraft maker Airbus.

Business

US to suspend some Boeing-Airbus retaliatory UK tariffs

Britain and the United States said Thursday they had agreed that Washington will temporarily suspend retaliatory tariffs on various UK goods and jointly de-escalate the longstanding fight over Boeing and Airbus subsidies.

Business

EU urges US to 'make deal' in Airbus-Boeing row

The EU on Monday urged the US to make a deal to end a 15-year long Airbus-Boeing row, just days before Washington is expected to announce a raft of new tariffs in the epic tit-for-tat battle.

Business

US to press for semiconductor relief at EU tech meeting

US President Joe Biden will use this week's inaugural technology ministerial with the European Union to push for solutions to the nagging semiconductor supply issue that has hit the American economy, officials said Monday.

Virus delays top mobile fair until June 2021

Organisers of world's leading annual mobile trade fair said Wednesday they would postpone the 2021 edition of the annual event from March to late June due to the pandemic.

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