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BYD Strikes $1 Billion Deal to Establish Manufacturing Plant in Turkey

BYD, China's preeminent electric vehicle (EV) manufacturer, has signed a landmark $1 billion (£780 million) agreement to construct a state-of-the-art manufacturing facility in Turkey. This strategic move underscores BYD's relentless expansion beyond its domestic market. The forthcoming......

Biden Ramps Up Trade Tensions with China, Hiking Tariffs on Key Imports

In a bold move that risks escalating trade tensions with Beijing, President Joe Biden has unveiled a sweeping set of steep tariff hikes on a range of Chinese imports, including electric vehicles, computer chips, and medical products. The White House cited "unacceptable risks" to US economic......

US Fertilizer Company Drives Higher Tariffs on Moroccan Imports

The US Commerce Department (USCD) has announced a substantial increase in import duties on Moroccan fertilizers, escalating trade friction between the two nations' fertilizer industries. This decision follows a petition from US-based Mosaic, a leading fertilizer manufacturer, which alleged that its......

Escalating Trade Tensions: U.S. Raises Tariffs on Moroccan Phosphate Fertilizers

In a move that has sent ripples through the global fertilizer industry, the United States has announced a significant increase in tariffs on phosphate fertilizers imported from Morocco. This decision, which directly impacts American farmers and the Moroccan phosphate giant OCP Group, was made public......