Banca March : Canada replicates the US tariffs imposed on China: electric vehicles from the Asian country will be subject to a rate of up to 100%, while steel and aluminium will be subject to 25%. In the first case, they will come into force on 1 October, while for the metals in question they will begin on 15 October. The Chinese embassy in Ottawa has replied, referring to the...

BancaMarch: China raises the tone in the trade war, now with dairy. China’s Ministry of Commerce announced on Wednesday that it will launch an investigation against imports of some dairy products from the European Union. According to the Chinese executive, the investigation is being launched at the request of the country’s Dairy Industry Association, which claims that products such as fresh cheese, curd and cream receive subsidies from the EU...

Banca March: Aukus is a strategic military alliance between three countries in the Anglo-sphere: Australia, the UK and the US. The United States, Australia and the United Kingdom are seeking to add Japan to their strategic alliance known as Aukus. Initially, this strategic military alliance between the three countries was intended to help Australia acquire nuclear-powered submarines and, unofficially, to counter China’s power in the Indo-Pacific region. However, prior to...

Bankinter| Sergio Massa has sprung a surprise and won the first round of the presidential elections in Argentina. With 99% of the votes counted and a 78% turnout, the current Minister of Economy and candidate of the current coalition governing Argentina (Unión por la Patria) obtained 36.7% of the votes. Javier Milei (La Libertad Avanza), who until now had been leading the pre-election polls, obtained 30.0% of the votes. The...

White House National Security Advisor Jake Sullivan and Chinese Foreign Minister Wang Yi met this weekend in Malta. The aim is to pave the way for a meeting between Presidents Joe Biden and Xi Jinping expected to take place in November. The two governors may have the opportunity to meet at the Asia-Pacific Economic Cooperation Forum in San Francisco. The Chinese minister said the two sides had agreed to hold...

Banca March: More than 60 developing countries from Latin America, Africa and Asia are attending the meeting, which has been running since Tuesday and will continue until Thursday. During these days, the BRICS are considering adding new members from among 23 possible candidates that have not yet been revealed, although there is speculation about countries such as Iran, Venezuela and Saudi Arabia, among others. The terms of admission remain undefined,...