Hyundai Faces U.S. Backlash Over Electric Vehicle Subsidy TacticsIs Hyundai’s Subsidy Disappearing?Hyundai Exploited Exception ClauseControversy Erupts in the U.S. The issue with Hyundai Motor’s electric vehicle subsidy has been raised in the United States. Under the U.S. Inflation Reduction Act (IRA), there is a condition that subsidies shall be granted if a certain amount of minerals and battery parts are procured from the […]
Gas Giants Clash: Qatar Boosts LNG Amid U.S. Export Permit FreezeQatar, one of the leading oil shipping countries competing with the United States and Australia, plans to increase its production of liquefied natural gas (LNG) amidst increasing demand and a halt in growth projects from its key competitor, the United States. Qatar’s Energy Minister Saad Sherida Al-Kaabi announced on the 25th (local time) that they […]
China's Complex Sentiments Towards Mexico: Balancing Act Between Trade Partner and Immigration Woes Hong Soondo, Beijing Correspondent, AsiaToday = China's love-hate relationship with Mexico has been analyzed as a love-hate relationship. This is because while Mexico has recently emerged as a staging ground for bypassed exports to the U.S., which has helped Beijing considerably, the U.S.-Mexico border is also a highly publicized conduit for illegal immigration of its own citizens to the U.S. Diplomatic sources in Beijing cited the 23rd as a distribution route for the drug fentanyl, which is plaguing the United States. The raw material for the drug, produced in China, enters the U.S. through Mexico. Moreover, the two countries have grown closer in recent years, with China actively utilizing Mexico as a staging ground for bypassing exports to the United States. As of last year, the value of Chinese goods exported to Mexico increased by a whopping 30 percent from the previous year. Industry insiders said that most Chinese goods are either further processed in factories across Mexico or "labeled" into finished products before being exported to the U.S. overland. The U.S.-Mexico-Canada Agreement (USMCA), which offers broad tariff reductions...
Germany Resumes Arms Supply to Saudi Arabia After 5 Years Amidst Changing Middle East LandscapeGermany decides to supply short-range air-to-air missile IRIS-T to Saudi Arabia after years of arms embargo reconsideration.
China's Market Share in the U.S. Shrinks Amidst New Cold War RealitiesChina may lose its top spot in U.S. imports as relations worsen, but its car exports are thriving, especially in Russia.
Korea's K2 Rifle: Praised in the U.S., North Korea Caught Using it SecretlyThe Korean K2 rifle, known for its reliability, has gained international recognition and is exported to multiple countries.
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