Expect significant new tariffs on Chinese imports and moderate levies on goods from other nations , as President-elect Donald Trump rolls out his protectionist agenda. However, with his preference for chaotic policymaking and sudden shifts , there’s uncertainty on how soon these import taxes will actually hit. Dubbed “ Tariff Man ,” Trump aims to use tariffs both strategically and tactically . He’s mentioned taxing all Chinese goods up to 60% and potentially setting 10%-20% tariffs on imports globally , but details on these plans remain vague . Key players within Trump’s team are divided: Robert Lighthizer , a staunch tariff advocate, sees permanent duties as crucial to balance US trade , while others, like billionaires John Paulson and Scott Bessent , view tariffs as temporary leverage. Trump’s previous administration had mixed feelings, especially on national security-related trade limits , which he sometimes dismissed, favoring an “open for business” approach. High-profile busin
Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest battery maker and a key supplier to Tesla, reported that a fire at its battery factory in Ningde, Fujian province on Sunday had a "relatively small" impact on production, with no casualties reported. The company stated that the volume of products affected by the fire was limited, and the incident is currently under investigation.
The factory is part of CATL’s core production base, known as the "Z base", which is located near its headquarters and features some of the company’s most advanced production lines. The fire was extinguished by 10:20 pm, according to local reports.
This follows a deadly fire in June at Aricell, a South Korean lithium battery maker, which resulted in 23 deaths due to rushed production without addressing quality issues. CATL emphasized that despite the incident, the impact on its overall production and operations remains minimal.
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