BYD Clinches 2025 Global EV Sales Crown From Tesla
For the first time, Tesla slipped to #2 after its 2025 deliveries fell nearly 9%, allowing China’s BYD—whose own volumes jumped—to become the world’s top battery-electric vehicle seller.
Business & Economics
929 stories · Page 78 of 93
China Slaps 55% Safeguard Tariff on Over-Quota Beef Imports
Effective 1 Jan 2026, Beijing imposed a three-year 55 % duty on any beef shipped above new country quotas totaling 2.7 Mt, abruptly curbing the world’s largest import market.
Warren Buffett Hands Berkshire CEO Role to Greg Abel After 60-Year Run
Effective 1 Jan 2026, Warren Buffett, 95, relinquished Berkshire Hathaway’s chief-executive post to long-time deputy Greg Abel while retaining the chairman’s seat.
China Activates 55 % ‘Safeguard’ Tariff on Over-Quota Beef Imports
Beijing will levy an extra 55 % duty on any beef shipments arriving after 1 Jan 2026 that push a new global quota of 2.7 million t over the limit, a three-year measure aimed at shielding China’s struggling cattle sector.
Trump Lifts Ban on Nvidia H200, Sparking 2-Million-Chip Chinese Buying Spree and Emergency TSMC Ramp-Up
On 8 December 2025 the Trump administration reversed Biden-era controls and okayed Nvidia’s H200 GPU exports to “approved” Chinese buyers, unleashing more than two million Chinese orders and forcing Nvidia to ask TSMC to boost production starting Q2 2026.
BYD Passes Tesla in 2025 Global Electric-Vehicle Sales
BYD sold about 2.26 million battery-electric cars in 2025, overtaking Tesla’s estimated 1.65 million and ending the U.S. firm’s run as annual EV volume leader.
India Passes Japan to Claim 4th-Largest Economy at $4.18 Trillion
New Year’s-Eve government data (31 Dec 2025) put India’s nominal GDP at $4.18 trillion, nudging it above Japan and re-ordering the global GDP table for the first time since 2010.
Bulgaria Drops the Lev, Joins Eurozone as 21st Member
At midnight on 1 January 2026, Bulgaria will scrap the lev and begin using the euro after clearing EU convergence tests, despite public opinion split almost 50-50.
China Enacts Three-Year 55 % Safeguard Tariff on Over-Quota Beef Imports
Starting 1 Jan 2026, Beijing will levy an extra 55 % duty on any beef shipments that exceed newly assigned country quotas, overriding parts of existing FTAs and lasting until 31 Dec 2028.
Silver Peaks and Plunges as Margin Hike Collides With Looming China Export Curbs
Between 29-30 Dec 2025, spot silver rocketed to a record $84/oz then crashed 14% within hours after CME’s surprise margin increase and a bank liquidation, before clawing back to the mid-$70s.
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