US-China 2020 deal in spotlight again, submarine-launched drones: SCMP daily highlights
From Trump’s ‘America first trade policy’ impact to a rise in EV exports to EU, here’s a round-up from today’s China and economy coverage
1. Trump’s America first trade policy: US-China 2020 deal is again under scrutiny
The possibility of new tariffs on China, and even the cancellation of its preferential trade status with the US, will come under the microscope of President Donald Trump’s two-day-old “America first trade policy”, according to analysts who say the likelihood of such a review also raises the question of whether Beijing may have to fulfil the missed requirements of a trade deal reached with Washington in 2020.
2. EU tariffs failing to stop flood of Chinese electric vehicles, new trade data suggests
China’s electric vehicle shipments to the European Union defied the bloc’s newly imposed tariffs to report a surprise uptick in December, prompting market worries that Sino-European trade tensions could escalate further in 2025.
3. Greenland in cold glare of superpowers as US, China and Russia make moves
