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China Tariffs

2 GoKawiil briefs on this topic

Moment Energy repurposes EV batteries into energy storage containers in North America

Moment Energy, founded in 2019 in Vancouver, is transforming used electric vehicle batteries into energy storage solutions. The company is expanding its operations in North America, aiming to categorize its repurposed batteries as domestic products and secure safety certifications from UL. This move comes amid ongoing trade tensions and a growing demand for sustainable energy storage options.

Bessent says 19 of 20 G20 nations back curbing cheap exports, China dissents

Treasury Secretary Scott Bessent said 19 G20 members agreed at a finance ministers meeting to address a flood of underpriced exports distorting global trade, with China the sole holdout. He identified China as running the world's largest current account surplus and said its practices were unsustainable for global markets.