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IBM says will end research and development work in China
IBM says will end research and development work in China
Economy
by  AFP

US computer giant IBM confirmed Monday it would close its research and development arm in China. Multiple employees told AFP they had been informed during a brief meeting with US executives on Monday that the company would gut its research and development team in China and move operations to another country.

Canada slaps 100% tariffs on Chinese electric vehicles
Canada slaps 100% tariffs on Chinese electric vehicles
Economy
by  AFP

Canadian Prime Minister Justin Trudeau announced Monday 100 percent tariffs on Chinese electric car imports, matching US measures seeking to fend off a flood of Chinese state-subsidized cars into North America. The United States and the European Union in recent months imposed tariffs on Chinese EVs of 100 percent and 38 percent, respectively.