πΊπΈπ¨π³ China Hits 4 US Firms with Trade Bans Over Taiwan Arms Sales π₯
China imposes sanctions on four US companies for arms sales to Taiwan region, restricting trade and executive entry. π«π
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China imposes sanctions on four US companies for arms sales to Taiwan region, restricting trade and executive entry. π«π
Japanese PM Shigeru Ishiba presses Biden to address concerns over Nippon Steel’s $14.9B U.S. Steel acquisition as legal tensions rise. πποΈ
The Biden administration extends the deadline for Nippon Steel’s $14.9B bid for U.S. Steel until June 2025, aiming to revive the merger amidst bipartisan opposition and Japan-U.S. relations concerns.
China accuses the EU of unfair trade practices, claiming subsidy probes harm businesses on both sides. ππ #TradeWars
U.S. and Japanese steel giants challenge Biden’s merger block, citing risks to global investment confidence. βοΈπ
China approves major VAT overhaul effective 2026 β featuring new export rates, small-business relief, and tax incentives. π§Ύπ¨π³
China urges EU to halt excessive trade measures, citing 15 investigations in 2024. Dialogue over disputes, says Commerce Ministry spokesperson.
French pharma giant Sanofi invests β¬1B in China, signaling confidence in the country’s growing healthcare market and business environment. πΌπ¨π³
China’s Premier Li Qiang pledges to stabilize global supply chains and boost international cooperation at the China International Supply Chain Expo. ππ
China imposes temporary anti-dumping tariffs on EU brandy imports, citing threats to domestic industry. New measures start November 15. π₯π #TradeNews