All posts tagged: rattling

Chinese EVs are rolling into Canada and rattling the competition in the U.S.

Chinese EVs are rolling into Canada and rattling the competition in the U.S.

Chinese-made electric vehicles are beginning to arrive in Canada under a new arrangement that Prime Minister Mark Carney agreed to in January during a visit with China’s President Xi Jinping. The cars will be the first to be imported by Canada under a deal that allows as many as 49,000 Chinese EVs in a 12-month period at a tariff rate of around 6%. Before this year, Canada had a tariff of more than 100% on those products, effectively shutting them out. In recent days, hundreds of Tesla Inc. cars made at the U.S. automaker’s Shanghai factory have started to show up under the new low-tariff regime, according to a person familiar with the matter, asking not to be identified because they are not authorized to speak publicly. A vehicle carrier called Glovis Treasure with cargo including a small number of Chinese-made Lotus luxury brand cars has been moored outside the Port of Vancouver since Sunday. The ship departed Shanghai in early May, according to shipping data compiled by Bloomberg. The Canada-China deal will be closely …

US, Iran exchange threats of broadscale war in latest sabre rattling | Donald Trump News

US, Iran exchange threats of broadscale war in latest sabre rattling | Donald Trump News

Iranian Foreign Minister Abbas Araghchi has warned the United States that Tehran will be “firing back with everything we have if we come under renewed attack”, a day after President Donald Trump reiterated threats against the Middle East country. Araghchi’s warning came in an opinion article published by The Wall Street Journal on Tuesday. Recommended Stories list of 3 itemsend of list “Our powerful armed forces have no qualms about firing back with everything we have if we come under renewed attack,” he wrote, referring to the 12-day war launched by Israel on Iran in June last year. The foreign minister argued this was not a “threat”, “but a reality I feel I need to convey explicitly, because as a diplomat and a veteran, I abhor war”. He added that “an all-out confrontation will certainly be ferocious and drag on far, far longer than the fantasy timelines that Israel and its proxies are trying to peddle to the White House. It will certainly engulf the wider region and have an impact on ordinary people around …