escalates

By Liam Mo and Brenda Goh BEIJING (Reuters) -China said on Monday it has launched an investigation into Nvidia (NASDAQ:) over suspected violations of the country’s anti-monopoly law, a probe widely seen as a retaliatory shot against Washington’s latest curbs on the Chinese chip sector. The statement from the State…

By Philip Blenkinsop and Nick Carey BRUSSELS (Reuters) – EU countries are wavering over whether to back additional tariffs on Chinese-built electric vehicles, highlighting Brussels’ challenge in building support for its largest trade case yet as Beijing threatens wide-ranging retaliation. Germany, whose carmakers made a third of their sales last…