EconomyTrade
China, US Detail Tariff Cuts in Trade Council Deal
China's Commerce Ministry unveiled details of a new China-US Trade Council and a reciprocal 30-billion-to-30-billion tariff reduction framework.
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China's Commerce Ministry unveiled details of a new China-US Trade Council and a reciprocal 30-billion-to-30-billion tariff reduction framework.
China's solar PV capacity reached 1.286 billion kW, surpassing coal for the first time in a landmark clean energy milestone.
Solar supplied 12.8% of US electricity in May 2026, surpassing coal for the first month on record, even as Trump boosts coal with a $700M plan.
Solar supplied 12.8% of US electricity in May 2026, beating coal's 12.2% for the first time ever, despite Trump administration efforts to boost coal.