Country: United States of America
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Mexico Aims to Be Big Economic Winner From U.S.-China Tensions
By Daniel Rook Sparks fly as a laser slices through metal in a factory in Mexico, which is preparing for a wave of foreign investment thanks to heightened tensions between the United States and China. ...
Biden’s Sanctions on Chinese EVs Highlights Stark Divide Between U.S. and Global South
While the U.S. government moved aggressively on Tuesday to install massive new barriers intended to prevent Chinese electric vehicles from entering its market, Mexico, coincidentally on the same day, went entirely in the opposite direction — welcoming the launch of EV giant BYD's first-ever mid-size hybrid pick-up ...
Developing Countries That Export Critical Resources Could be Collateral Damage in the U.S.-China Trade War
The $18 billion of Chinese products targeted by the U.S. for increased tariffs will not have a measurable impact on a trade relationship worth more than $600 billion annually. But that's not the case for the Democratic Republic of the Congo, ...
Senior U.S. Diplomat Accuses Chinese Company of “Predatory” Tactics to Depress Cobalt Prices
The top U.S. diplomat for energy and the environment, Jose Fernandez, accused Chinese mining giant CMOC of using "predatory" practices to intentionally flood the market with cobalt to suppress prices: “What we’re seeing now, I feel, is a variation of predatory pricing ...
China Says ‘Issued a Warning’ to U.S. Navy Ship in South China Sea
Beijing's military on Friday said it had tailed and issued a warning to a U.S. Navy ship in the disputed South China Sea, just days after the same vessel sparked China's ire by sailing through the Taiwan Strait. Beijing claims almost ...
Philippines Defense Chief Says Military Must Evolve Fast
The Philippine military must evolve fast because of threats to a "free and open" Asia-Pacific region, Defense Secretary Gilberto Teodoro said Friday at the end of annual exercises with the United States. Teodoro, whose comments were made amid a festering maritime ...
The Infrastructure Cold War
This week, the U.S. House Foreign Affairs Committee heard testimony about foreign investments channeled by the Development Finance Corporation (DFC), an agency founded in the late Trump era and key to the implementation of the Partnership for Global Infrastructure and Investment (PGII), the Biden administration’s global infrastructure rollout ...
Blame the U.S. for the China-Philippines Standoff in the South China Sea, Says Prominent Chinese Scholar
One of China's foremost international relations scholars recently articulated what's now become conventional wisdom in Beijing about the underlying cause of the surging tensions with the Philippines in the South China Sea. Jin Canrong, vice dean of the School of ...
U.S., Philippine Troops Sink China-Made Vessel in War Games
U.S. and Philippine forces sank a decommissioned China-made Philippine Navy ship Wednesday during South China Sea war games simulating an attack on an enemy vessel, officials said. The exercises are being held near the city of Laoag, around 400 kilometers south ...
Philippines, U.S. Fire at ‘Invasion’ Force in South China Sea War Games
By Faith Brown U.S. and Filipino troops fired missiles and artillery at an imaginary "invasion" force during war games on the Philippines' northern coast Monday, days after their governments objected to China's "dangerous" actions in regional waters.
EV Automakers Get Reprieve in U.S. Tax Credit Rules
The U.S. government gave automakers a reprieve Friday when finalizing electric vehicle tax credit rules by letting cars that contain Chinese graphite qualify for the consumer credits through 2026. The confirmation came as the Treasury Department and Internal Revenue Service published final ...
Blinken Says U.S. Delivering for Pacific Islands Despite China’s Reach
The United States, boosted by allies and the private sector, is delivering for Pacific islands even if Washington alone cannot match China's growing footprint, Secretary of State Antony Blinken said late Friday. Blinken spoke after lawmakers in the Solomon Islands, whose ...