China says it will monitor the UK’s moves on EV tariffs and respond accordingly
Every headline is on the live feed 20 minutes before this site.
China says it will monitor the UK’s moves on EV tariffs and respond accordingly
UBS (UBSG SW) CEO Ermotti says Co. believes being based in Switzerland is good for the Swiss economy, CNBC reports; Co. will need to consider what needs to be done in the future
ECB's Kocher says Euro area economy is proving to be resilient to shocks; energy prices pose an upward risk to forecasts
On the Newsquawk feed at , 20 minutes before this page.
Context
Statements of this kind sit within the retaliatory trade playbook China has used repeatedly: an initial monitoring pledge, followed by targeted countermeasures if the other side proceeds. Past episodes have tended to escalate in stages, with Beijing typically choosing asymmetric pressure points such as agricultural goods, luxury autos, or brandy rather than matching tariffs line for line. The actors and form are familiar: China's commerce ministry has a track record of calibrated responses that leave room for negotiation, and the UK is a smaller trade counterparty than the EU or US, which historically lowers the odds of full escalation but not of symbolic measures. The distinction worth drawing is between UK action that mirrors broader Western EV tariffs, which China has treated as part of a single dispute, and a standalone UK move, which has tended to draw a narrower response. The follow-ons are the UK's formal decision, any Chinese anti-dumping or subsidy investigations announced in reply, and whether London positions itself alongside or apart from the EU and US tariff structures. As rhetoric rather than action, the immediate signal is directional; the precedent is that the concrete channel, specific product tariffs or investigations, is what re-prices exposed exporters and autos.
Related headlines
- Canadian Trade Balance (Aug) 4.20B vs. Exp. 1.7B (Prev. 0.79B)2 hours ago
- China's MOFCOM says they hope that France and Germany will uphold open cooperation and free trade, abide by WTO rules and refrain from encouraging the EU to use protectionist tools at every turn2 hours ago
- US Secretary of State Rubio says the era of free trade agreements is unlikely to return for the foreseeable future3 hours ago
- US and China are holding informal, prelim discussions on reciprocal nuclear site visits, with the Trump administration planning to pursue the proposal in coming months; Trump and Xi did not discuss site visits during their meeting last month, CNN reports4 hours ago
- [MARKET UPDATE] Pressure seen in the crude complex in recent trade, but without a clear driver; a move which has spurred some strength across equity futures and fixed income8 hours ago
- Japanese Trade Minister Akazawa says that overhauling small company policies is vital for growth 9 hours ago
- China, which is set to host the APEC forum in Shenzhen next month, has proposed moving a key meeting of foreign and trade ministers online, according to FT9 hours ago
- Thai CPI (Sep YY) 2.82% vs. Exp. 3.1% (Prev. 2.53%)11 hours ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 4+ TICKS LOWER AT 104-0719 hours ago
- US President Trump is in no rush to resume Canada trade talks19 hours ago
- CRUDE WRAP: WTI (X6) SETTLES USD 1.68 LOWER AT 89.43/BBL19 hours ago
- Panama Canal Authority is to extend the advance slot allocation for Panamax locks, customers may secure slots in advance through a sealed auction1 day ago
- A joint Franco-German paper states that the EU needs new trade tools to allow decisive reaction to unfair practices from third countries1 day ago
- [MARKET ANALYSIS] Crude reverses earlier downside after Saudi attack halts pipeline; Aramco warns release relief will prove temporary1 day ago
- Daily US Equity Opening News - TSM & INTC potential Terafab partners; AAPL confirms T glitch; QCOM licenses Huawei patents; VST could receive USD 4bln nuclear loans; SBGSY to acquire PTC for USD 23.7bln; BAYRY plans USD 2.2bln Ohio pharma site1 day ago
- India's Finance Minister says regarding US trade deal, it's been a hard and rigorously negotiated agreement and like to believe that India and US reached a plateau in trade deal talks1 day ago
- PRE-MARKET INDIAN STOCKS NEWS: Indian banks' Q2 business updates1 day ago
- [MARKET ANALYSIS] Asia-Pac stocks begin the week mostly higher in holiday-thinned trade and following the post-NFP unwinding of Fed rate hike bets1 day ago
- US FX WRAP: Dollar trims recent rally on soft NFP and risk-on trade3 days ago
- CRUDE WRAP: WTI (X6) SETTLES USD 1.76 LOWER AT USD 91.11/BBL; BRENT (Z6) SETTLES USD 0.06 LOWER AT USD 102.25/BBL3 days ago
The feed had this first.
Use the Platform