China’s Solar Firms Struggle as Trade War Adds to Headwinds
Wednesday, 30 April 2025 () As if China’s solar panels and equipment companies haven’t already been reeling from low product prices and overcapacity, the U.S.-China trade war and the triple-digit tariffs are adding insult to injury to the profitability of the Chinese solar manufacturing industry. All top Chinese solar equipment producers booked losses for the first quarter of the year, and blamed the continued losses on low product prices and the trade and tariff turbulence with the new U.S. President Donald Trump. JinkoSolar, for example, booked a net loss of…
Australia has deployed its warship, HMAS Sydney, to the South China Sea as part of a three-month Indo-Pacific mission, further escalating tensions in the region. This move follows a series of..
U.S. Treasury Secretary Scott Bessent declined to confirm direct tariff negotiations with China, suggesting that Beijing faces severe economic fallout if current trade barriers persist. Speaking to..
Tariff War: Treasury Secretary Scott Bessent addressed pressing concerns about supply chain shocks and progress on trade deals with key Asian allies. Amid declining Chinese cargo shipments, Bessent..
Wednesday, 30 April 2025 ()
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