India’s exporters face ‘strategic shock’ as US tariffs over Russian oil kick in
Steep US tariffs on a range of Indian products took effect on Wednesday, threatening a severe blow to India’s overseas trade in its largest export market.
US President Donald Trump had initially announced a 25 per cent tariff on Indian goods. But earlier this month, he signed an executive order imposing an additional 25 per cent tariff due to India’s purchases of Russian oil, bringing the combined tariffs imposed by the US on its ally to 50 per cent.
The Indian government estimates the tariffs...
Seoul reluctant on Trump’s push for more flexible US Forces Korea
South Korea’s new president has signalled reluctance to give ground to US President Donald Trump on the role of US forces in Korea in relation to Taiwan, but experts say he may be continually pushed to take a clearer stance in the future.
On Sunday, South Korean President Lee Jae-myung told reporters on his flight to Washington for an inaugural summit with Trump that it was difficult to agree to an American demand for strategic flexibility of US Forces Korea (USFK).
Lee, who became president in...
Lifestyle fixes can curb doubling of liver cancer cases by 2050: Hong Kong experts
The expected doubling of liver cancer patients worldwide by 2050 can be reversed with lifestyle changes and policy interventions, such as calorie labelling and increases in alcohol prices, according to Hong Kong scholars who led a global study.
Sixty per cent of liver cancer cases are preventable, as more cases are no longer caused by hepatitis viral infection but by an unhealthy lifestyle, said Professor Stephen Chan Lam from the Chinese University of Hong Kong’s clinical oncology department,...
FWD expands office at Swire’s Taikoo Place to become largest tenant
FWD Hong Kong has signed a decade-long lease for 330,000 sq ft of office space in Taikoo Place, marking the largest office rental deal in the city this year, according to a joint statement from landlord Swire Properties and the insurer on Wednesday.
The company would consolidate and expand its presence in the Devon House building by adding four and a half floors to accommodate business growth. The expansion will make FWD the largest office tenant in Taikoo Place, a complex featuring 10 prime...
2 workers injured in bamboo scaffolding collapse in Hong Kong’s Mid-Levels
Two workers were injured when bamboo scaffolding suddenly collapsed at a residential complex in Hong Kong’s Mid-Levels on Wednesday.
Police said they received a report at around noon that scaffolding covering the second and third floors of Elegant Terrace on Conduit Road had collapsed while the two workers were dismantling it.
One of the workers suffered a lower back injury, while the other sustained a wound to the face. Both were taken to Queen Mary Hospital in Pok Fu Lam for treatment.
The...
Manufacturer took action over copied bricks before Hong Kong’s MTR Corp scandal
The sole licensed mainland Chinese manufacturer of a German-owned brick brand has said that it started legal action over bogus products two months ago, before counterfeits were found on an MTR Corporation construction site, sparking public outcry.
The revelation comes amid intense media and government scrutiny of the MTR Corp’s Tung Chung East station project, where counterfeit bricks from a Yangzhou-based company were allegedly used.
According to reports cited in the manufacturer’s statement,...
China races to embed AI use across major industries with ambitious 2030 target
In its latest road map for artificial intelligence, China has set targets for the adoption of AI-powered devices across various industries – aiming for over 70 per cent by 2027 and over 90 per cent by 2030.
The targets, unveiled in guidelines by the State Council, China’s cabinet, on Tuesday, are part of Beijing’s “AI Plus” strategy, which seeks to integrate the cutting-edge technology across manufacturing, agriculture and services.
“[The strategy aims to] boost productivity, reshape how...
Malaysian badminton gets back in the swing of things with a new crop of stars
Once, badminton was Malaysia’s undisputed racquet sport of choice, driven by the prodigious talent of Lee Chong Wei, whose dominance on the world stage made him a household name and a hero to millions.
But in recent years, fresh challenges have emerged. The rise of pickleball and padel tennis has lured younger generations to air-conditioned courts and glossier facilities, threatening badminton’s long-held supremacy.
Lee’s retirement in 2019 after recovering from nose cancer left the sport in...
Hong Kong’s biggest Hungry Ghost Festival event to return with claw machines
Hong Kong’s largest annual celebration of the Hungry Ghost Festival will return in September, with new features such as an immersive, interactive theatre show and claw machines to attract younger visitors to the traditional festivities.
But this year’s event will be held at Moreton Terrace Temporary Playground instead of the usual location of Victoria Park, a change which may have an impact on attendance, according to the organiser, the Federation of Hong Kong Chiu Chow Community...
Hong Kong student given community service for turning back on national anthem
A 19-year-old Hong Kong student has been sentenced to 180 hours of community service for insulting the national anthem by turning his back to the pitch when the song was played at a 2026 Fifa World Cup qualifier match last year.
Eastern Court on Wednesday heard that Lau Pun-hei, a second-year political science student at the Chinese University of Hong Kong, showed “some remorse” and was unlikely to repeat the offence.
Lau, who promised in mitigation not to commit the same mistake again, pleaded...
China’s high-speed jet drone, aviation expert leaves US: 7 science highlights
We have put together stories from our coverage on science from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing.
1. China’s first high-speed jet drone makes every warship an aircraft carrier
In an aviation tech breakthrough that could change naval warfare, Chinese aerospace engineers have unveiled what could be the world’s first high-speed vertical take-off and landing (VTOL) drone powered by a jet engine. The sleek,...
Shooting hoaxes are plaguing US college campuses
Students at the University of South Carolina were sent into a panic when they received an active shooter alert and police rushed to the library.
The university had fielded two separate calls on Sunday that included sounds of gunfire.
But the reports turned out to be false, part of a wave of so-called “swatting” hoaxes that have targeted American universities as students returned to campuses for autumn classes.
Similarly baseless reports hit Villanova University and the University of...
CR Land, Sunac post better interim results in signs of property recovery
China’s embattled property market is showing signs of a tentative recovery, as some developers posted stronger earnings and reduced losses, supported by government stimulus measures and recovering consumption.
China Resources Land’s first-half net profit increased by 16.2 per cent from last year to 11.9 billion yuan (US$1.66 billion), according to the state-owned developer’s statement on Wednesday. Sales rose 20 per cent to 94.9 billion yuan.
Sunac, one of China’s largest privately owned...
The Peak home sold for US$140 million in Hong Kong’s top deal this year
Hong Kong recorded a billion-dollar home sale this week, another sign that ultra-wealthy customers are continuing to find choice assets even amid the city’s property slump.
A mansion at 1 Gough Hill Road on The Peak on Hong Kong Island, refurbished from an old guest house used in the 1990s by the Bank of China, sold for HK$1.088 billion (US$139.87 million) on Tuesday, according to the transactions register. The buyer’s identity could not be ascertained.
That made it the city’s most expensive...
China tests meltdown-proof tech for nuclear waste-recycling fast reactor
China has tested a new residual heat removal system that could make its next-generation, radioactive waste-recycling nuclear power plants more meltdown-proof.
The China Institute of Atomic Energy said it “recently” conducted the simulation of a passive heat removal system for fast nuclear reactors, calling it a breakthrough in the development of a fourth-generation nuclear plant with a closed-loop fuel cycle.
“This is the first proof-of-principle test in China for a new passive residual heat...
Pet fair ejects Chinese man who boasted his dog was tattooed without anaesthetic
A hairless dog covered in colourful tattoos at Pet Fair Asia in Shanghai has sparked public outrage after its owner claimed the animal was inked without anaesthetic.
On August 22, a video posted by someone attending the fair, one of the largest pet industry events in Asia, showed a Mexican hairless dog, the age of which was not disclosed, covered in large, colourful tattoos.
The video showed an elaborate dragon tattoo extending from the dog’s back to its upper limbs. The dog was also wearing a...
What Vietnam’s South China Sea island-building spree means for Asean
Vietnam’s rapid expansion of artificial island construction in the disputed Spratly Islands has put it on track to surpass China’s land reclamation in the South China Sea, according to new satellite imagery.
Yet the development could deepen strains within Asean, analysts warn, as member states and rival claimants seek to juggle sovereignty disputes with regional unity.
Fresh satellite imagery released on Friday by the Washington-based Centre for Strategic and International Studies shows...
Air chief urges caution over India’s military reforms inspired by US, China
India’s top air commander has advised caution about an ongoing military overhaul that is the largest in seven decades, in a show of scepticism over a plan Prime Minister Narendra Modi’s government is embracing.
“Disrupting everything and making one structure now at this time” may not be the best way forward, India’s Chief of Air Staff A.P. Singh said on Tuesday at a seminar to discuss new technologies and warfare.
India should not pick up “theatre commands” from any other country, Singh said at...
Hong Kong fines 18 illegal smokers after 100 patrols at public transport hubs
An intensifying crackdown on illegal smoking at Hong Kong public transport facilities has led to the penalisation of 18 people during more than 100 inspections carried out in just two days, with authorities hailing the success of their undercover tactics.
The Department of Health said on Wednesday that its plain-clothes enforcement strategy, introduced in 2023, had resulted in a sharp increase in fixed-penalty tickets, which more than doubled from about 6,000 in 2022 to over 13,000 in 2024.
Lam...
China’s industrial profits fall more slowly amid crackdown on price wars
China’s industrial companies saw their profits fall at a slower pace in July, in a potential sign that efforts to curb overcapacity are starting to ease the strain from aggressive competition among producers.
Industrial profits declined 1.5 per cent last month from a year earlier, falling the least since they began shrinking in May, according to data released on Wednesday by the National Bureau of Statistics. For the first seven months of the year, earnings contracted 1.7 per cent year on...
‘Complete nonsense’: Australia hits back at Israel for claiming Iran ban credit
Australia on Wednesday dismissed suggestions by Israel that its interventions prompted Canberra to expel Iran’s ambassador as it blamed Tehran for directing at least two antisemitic arson attacks in the country’s biggest cities, Sydney and Melbourne.
“Complete nonsense,” Home Affairs Minister Tony Burke told ABC Radio when asked about Israel claiming credit for Australia’s decision to order Tehran’s ambassador Ahmad Sadeghi to leave the country.
“There was not a minute between us receiving this...
SpaceX’s Starship achieves key milestone, deploying first dummy satellites
SpaceX’s Starship megarocket roared into the skies Tuesday on its 10th test flight, turning in a strong performance after a series of fiery failures had begun to cast doubt on its future.
Towering 123 metres (403 feet), Starship is the most powerful launch vehicle ever built and key to founder Elon Musk’s vision of carrying humanity to Mars, as well as Nasa’s plans to return astronauts to the moon.
The stainless steel colossus blasted off from the company’s Starbase in southern Texas at 6.30pm...
Hong Kong legislators within their rights to reject same-sex couples bill
In his seminal work Introduction to the Study of the Law of the Constitution, the constitutional theorist A.V. Dicey discussed parliamentary sovereignty in the UK. He called Britain’s parliament “an absolutely sovereign legislature” with the “right to make or unmake any law”. Although the doctrine has since evolved, it remains integral to the country’s constitutional arrangements.
Whereas the government can invite parliament to enact laws, legislators can refuse. They may, for example, conclude...
Man sues actress Song Ha-yoon for US$7 million over alleged school bullying
A man who accused actress Song Ha-yoon, 38, of school bullying two decades ago has returned to South Korea and announced plans to file a 10 billion won (US$7.1 million) damages lawsuit.
The accuser, identified only by the surname Oh, wrote on an online community on Monday: “I never intended this to turn into an expose or a dispute. I suggested a way for Song to resolve the matter with dignity, but it was not accepted. Now I will cooperate with investigators and file a complaint.”
Oh added that...
In a first, US-China team turns plastic waste into petrol in 1 step
Scientists in the US and China say they have developed a one-step method to safely turn toxic mixed plastic waste into petrol, with more than 95 per cent efficiency at room temperature.
Compared to conventional ways of turning plastic into fuel, their process requires less energy, less equipment and fewer steps, making it scalable for industrial applications.
At the end of this conversion process are the main components of petrol or gasoline, chemical raw materials, and hydrochloric acid. That...
China court cancels auctioning of cat to repay owner debts, feline gets loving home
A court in eastern China which was set to auction a cat to repay its owner’s debts has cancelled the event, and the animal has been adopted by a feline lover.
On August 23, the cat was removed from the auction platform after creditors withdrew their request, no reason for the move was disclosed.
According to Hongxing News, the cat has been adopted by a cat lover.
The auction had garnered over 450,000 views and attracted more than 5,000 bidders, each of whom was required to pay a 50-yuan deposit,...
New US envoy Julie Eadeh to arrive in Hong Kong this month: sources
Julie Eadeh, the new US consul general for Hong Kong and Macau, is set to arrive in the city at the end of this month, having received Beijing’s approval for the much-watched appointment, according to sources.
The Post reported in July that Eadeh, a career diplomat who served as the political section chief at the US consulate in Hong Kong and Macau during the 2019 protests, would take the role, subject to Beijing’s approval.
“Her agrément was granted recently, so she is set to come to Hong...
Pony.ai eyes ‘sizeable fleet’ in Hong Kong, unfazed by Tesla robotaxi competition
Chinese autonomous driving technology firm Pony.ai expects to deploy a fleet of robotaxis in Hong Kong after completing regulatory hurdles, while downplaying potential competition from Tesla.
“We have already set a footprint in Guangzhou and we are eyeing Hong Kong,” chief financial officer Leo Wang said at a media event in the city on Tuesday.
He said Pony.ai needed to work with local authorities and partners to explore the best way forward.
On working with the city’s Transport Department, Wang...
UK’s Farage unveils plan to deport asylum seekers, warns of ‘civil disorder’
Nigel Farage, leader of Britain’s anti-migration Reform UK party, announced a plan on Tuesday to repeal human rights laws to allow for mass deportations of asylum seekers, action he said was needed to prevent “major civil disorder”.
Farage said his party, which is leading in national opinion polls, would remove Britain from the European Convention on Human Rights (ECHR), repeal the Human Rights Act and nullify other international treaties that have been used to block the forced deportation of...
Rule of law vital to Hong Kong’s ingrained resistance to bribery: minister
Hong Kong’s justice minister has underscored the importance of the rule of law in ensuring the city’s ingrained resistance to bribery, while a top judge has called attempts to sanction members of the judiciary “a form of reverse corruption”.
Secretary for Justice Paul Lam Ting-kwok and Andrew Colin Macrae, vice-president of the city’s Court of Appeal, made the remarks on Tuesday at a forum attended by about 100 lawyers and regulatory veterans to discuss anti-corruption practices and relevant...
Malaysian heiress to Top Glove fortune seeks US$200 million for private markets
Iris Capital Partners, an investment firm backed by the heir to a Malaysian fortune, is seeking to raise US$200 million from institutional investors, the latest family wealth vehicle to open up to outside capital.
The firm is seeking cash for a new private credit and private equity fund, managing partner Rachel Lau said in an interview. She is the daughter of the late Lau Boon Ann, who built a fortune in real estate and was an early investor in Top Glove, the world’s largest manufacturer of...
Hong Kong police arrest 8 after suspected murder of man over ‘illicit cigarettes’
Hong Kong police have arrested eight people in connection with the suspected murder of a 51-year-old man in Tuen Mun, the Post has learned.
A source said on Tuesday that those apprehended were believed to have been involved in a dispute over the sale of illicit cigarettes.
Another insider said that the victim, identified as Hong Kong identity card holder Zeng Pengshan, was found on Monday under a bridge over Yick Yuen Road with a knife wound to his head.
The source added that the wound on the...
Malaysia’s new electric train service set to bring travel boom
Malaysia’s 1,000km north-south electric train service (ETS), which was belatedly relaunched on Saturday, halves cross-country travel time and could open remote rural towns to tourism in a country famously dependent on its cars.
But to unlock its real potential, the travel industry says more of the line’s Chinese-made trains need to be deployed, while the route – which runs along west Malaysia from the Thai border down to Singapore – needs a major publicity campaign to capture the imagination of...
Japan’s niche chip gear makers left out of Nvidia boom, Marumae CEO says
Prices are rising across Japan, but not for the components of chipmaking gear. Tokyo Electron supplier Marumae is seeking out deals to change that.
Many Japanese makers of vacuum parts found in chip tools have yet to reap gains from an artificial intelligence boom that is spurring billions of dollars of spending on Nvidia chips and other hardware, according to Marumae president Toshikazu Maeda.
That is because such manufacturers are fighting with dozens of other companies in Japan that...
Hong Kong’s office leasing market picks up pace for fourth straight month
Office-leasing activity in Hong Kong rose for a fourth straight month in July, chipping away at the elevated vacancy rates that continue to weigh on rents, according to JLL.
Tenants leased a net 190,000 sq ft of prime office space last month, the property consultancy said on Monday. Among them was Shell Hong Kong, which leased 12,300 sq ft at The Millennity in Kwun Tong, relocating from Landmark East in the same district.
However, grade A office rents continued to fall, declining 0.5 per cent in...
Why China and US still invest in crewed military systems when they have drones
China is on a mission to turn its military into a modern fighting force. In the third of this four-part series, we look at why drones are not replacing humans on the battlefield but ‘redefining roles’.
Rapid advances in drone and robot technology in recent years are reshaping modern warfare.
From robot dogs to hi-tech drones, top military powers like China and the United States have technology that could – in the not too distant future – play important roles on the battlefield, while humans stay...
Lil Nas X pleads not guilty to attacking police as he walked naked on LA street
US rapper Lil Nas X was charged on Monday with four offences after police say he charged at them when they confronted him for walking naked down a Los Angeles street last week, prosecutors announced.
The musician, whose legal name is Montero Lamar Hill, pleaded not guilty in a court appearance to three counts of battery with injury on a police officer and one count of resisting an executive officer, the district attorney’s office said.
The charges were far more serious than initial reports that...
‘Not asking for pity’: Ukrainian war veterans find healing in the water
During a pool training session months ago, Ukrainian war veteran Oleh Tserkovnyi was struck by an idea: what if a group of veterans swam across the strait of Bosphorus, between Turkey’s European and Asian shores? And if they did it on August 24, Ukraine’s Independence Day?
The symbolism of the day would draw attention to the toll and devastation inflicted by Russia’s full-out war on Ukraine, now in its fourth year.
When the 34-year-old pitched the idea to fellow veterans in their One for Another...
4 Palestinians killed while seeking aid near Gaza City, witnesses say
Israeli forces shot dead four Palestinian aid-seekers travelling on Sunday through a military zone south of Gaza City that is regularly used to reach a food distribution point, a hospital and witnesses said.
Gaza City is in famine after 22 months of war, while Israel’s military moves ahead with a planned offensive to seize the city, perhaps within days.
Israel’s defence minister has warned that the city of hundreds of thousands of people could be destroyed.
Al-Awda Hospital and two witnesses...
‘Chicago is a mess’: Pentagon plans military deployment to US city
The Pentagon is working on plans to deploy the US military to Chicago as President Donald Trump says he is cracking down on crime, homelessness and undocumented immigration, The Washington Post reported on Saturday.
The Defence Department planning, in the works for weeks, involves several options, including mobilising at least a few thousand members of the National Guard as soon as September, the Post reported, citing officials familiar with the matter.
“Chicago is a mess,” Trump, a Republican,...
‘We must invest’: New Zealand seeks to shed its ‘pretty slack’ defence image
For decades, both New Zealand and Australia have been “pretty slack” on military spending, Wellington’s defence minister recently conceded in a striking admission that analysts say was aimed as much at Washington as at a sceptical public at home.
Judith Collins told the Australian Broadcasting Corporation on August 14 that she sympathised with the United States’ demands for its allies to share more of the defence burden, adding in an interview in Wellington that American taxpayers had carried...
Hong Kong needs new thinking to regenerate ageing districts
More than 180 years after their first development, the historic cores on Hong Kong Island – Central, Sheung Wan and Wan Chai – and in Kowloon – Yau Ma Tei, Tsim Sha Tsui and Mong Kok – face an acute urban crisis.
Once-vibrant neighbourhoods have become densely packed relics defined by ageing buildings, congested streets, poor sanitation and rising urban heat island effects. Without bold, economy-driven solutions, these “old districts” risk losing not only their cultural soul but also much of...
1 more Hong Kong firm suspected to have fired locals after importing workers
Hong Kong authorities have identified another suspected case of an employer dismissing local workers and importing staff, after earlier this month sanctioning a firm that violated labour rules.
Secretary for Labour and Welfare Chris Sun Yuk-han said on Saturday that findings would be announced as soon as an investigation into the case had been completed.
“Our initial review shows significant evidence that the employer hired non-local labour but fired a local worker,” he said in a televised...
25 killed in new Israeli strikes as famine threatens Gaza
Palestinians sheltering in tents or seeking scarce food aid were among at least 25 people killed by Israeli strikes and shootings on Saturday in Gaza, according to local hospitals, as the world confronted an exceptional announcement that famine is now gripping Gaza’s largest city.
The famine determination by the world’s leading authority on food crises galvanised governments and aid groups to intensify pleas for Israel to halt its 22-month offensive on Gaza, prompted by Hamas’ October 7, 2023,...
Hong Kong student in app creation saga to voluntarily return awards: parents
The parents of a Hong Kong student at the centre of an academic integrity controversy have said their daughter will voluntarily return all the awards associated with an app she is credited with inventing, as they apologised for the disturbance caused to the public.
But they also hit out at the “relentless” cyberbullying suffered by their 16-year-old daughter, who was “on the brink of a breakdown”.
Ronnie Poon Tung-ping and Roberta Pang Wen-chi, parents of a Form Four student from St Paul’s...
China appears to be testing a new stealth flying-wing drone
A new Chinese flying-wing aircraft – possibly the CH-7 stealth drone or another new model seen recently on satellite imagery – could be undergoing test flights, an image circulating on social media suggests.
The photo, which could not be verified, shows the large aircraft in flight from the rear, its landing gear down and split rudders near the wing tips.
Its low-observable, flying-wing design combines the wings and fuselage, giving the aircraft a wide, flat appearance.
It is not known when or...
Why China’s top engineering academy has sights set on more private-sector blood
A record high number of private-sector executives and chief scientists have been shortlisted this year to compete for academicianship in China’s top institute for engineering science and technology.
Nineteen are included on the newly released candidate list for the Chinese Academy of Engineering (CAE), including Hu Guoping, 48, principal researcher and co-founder of AI specialist iFlyTek; Wu Kai, 57, chief scientist and co-president of battery manufacturer CATL; Lian Yubo, 61, chief scientist of...
Sri Lankan ex-president arrested over misuse of state funds
Former Sri Lankan president Ranil Wickremesinghe was arrested by the Criminal Investigation Department (CID) on Friday in connection with allegations of misuse of state funds, local television channel Ada Derana reported.
Wickremesinghe, 76, was taken into custody after arriving at the CID office in the capital, Colombo, to record a statement in an investigation into his visit to London to attend his wife’s graduation ceremony, the report said.
Wickremesinghe claims that his wife’s travel...
Top EU envoy in Hong Kong says alleged Russian transshipments a ‘major concern’
Hong Kong’s alleged transshipment of Western-sanctioned dual-use goods for Russia’s war effort in Ukraine remains a “major concern” for the European Union, the bloc’s top envoy in the city has said.
At an event on Friday to mark Ukraine’s Independence Day, Harvey Rouse, the head of the EU office in Hong Kong, said he had continued to raise the issue with city authorities and hoped there could be “progress together”.
“It remains a major concern that Russia keeps receiving dual-use goods for its...
Nvidia CEO ‘surprised’ by Beijing’s move to question the security of H20 AI chips
Nvidia CEO Jensen Huang said he was surprised by Beijing’s questioning of the security of its H20 artificial intelligence chips and that it would be up to the US government to decide whether the company can produce a new product for the Chinese market.
Huang made the comments during a visit to Taiwan on Friday, where he had meetings scheduled with top executives from Taiwan Semiconductor Manufacturing Company (TSMC), the silicon foundry that makes Nvidia’s chips.
Separately, US tech media outlet...
China girl causes brother’s death while adjusting car seat; court dismisses lawsuit
A couple in China have filed a lawsuit against a car manufacturer after their five-year-old daughter adjusted the car seat, which inadvertently led to the death of their two-year-old son due to suffocation from being trapped by the seat.
However, the Shanghai Pudong District People’s Court dismissed their lawsuit, stating that the tragedy was caused by the “multiple instances of negligence in the parents’ guardianship.”
The case was publicised on social media on August 14 by the Shanghai High...
Trump’s US$515 million fraud penalty dismissed by New York appeal court
An appeal court has thrown out the massive civil fraud penalty against US President Donald Trump, ruling on Thursday in New York state’s lawsuit accusing him of exaggerating his wealth.
The decision came seven months after the Republican returned to the White House. A panel of five judges in New York’s mid-level Appellate Division said the verdict, which stood to cost Trump more than US$515 million and rock his real estate empire, was “excessive”.
After finding that Trump engaged in fraud by...
EU to curb AI chip flows to China as part of US trade deal
Newly published details of the recent EU-US trade deal show the bloc cleaving closer to Washington on technology, security and commerce, potentially driving a new wedge into Europe’s relationship with China.
A joint statement released on Thursday confirmed that the European Union will accept tariffs of 15 per cent on 70 per cent of its exports to the US, as agreed in July. It will also consider exempting American goods from some of its sweeping climate laws, even as it moves to lower tariffs on...
