The European Union (EU) is seeking to reduce tariffs on vehicles exported to the US, aiming to lower the rate to 15%. However, to secure that concession, Brussels must meet two key conditions set by Washington: dismantle trade barriers on American goods, and agree to a mutual recognition of automotive regulatory standards.

China-based IT manufacturer Huaqin Technology delivered rapid growth in the first half of 2025, with revenue more than doubling and profits rising sharply, underscoring its widening footprint across smart devices, computing, and emerging technologies. Yet the strong top-line performance was offset by a sharp cash flow decline, raising concerns about underlying financial stability.