In Beijing, top diplomats of China and India called for mutual support but avoided mentioning their border dispute, focusing on exploring substantive measures and promoting cooperation. Tensions had risen after a deadly clash in 2020, leading to a standoff with troops stationed along the disputed Himalayan border. The two countries have withdrawn troops from some areas, but face challenges in disengagement and restoring business ties affected by the standoff.
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Mercedes chief warns EU and US tariffs fuel highest ‘complexity’ in three decades
SummaryMercedes-Benz CEO Ola Källenius has expressed concerns about the unprecedented complexity facing the global automotive industry due to rising tariffs and trade barriers, particularly related to electric vehicles (EVs). He highlighted the long-term commitment to the US market despite challenges from EU tariffs on Chinese EVs, calling for equitable solutions in trade discussions between the EU and China. Källenius emphasized the detrimental impact of tariffs on innovation and competition, advocating for a level playing field...
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