Economy - Page 58

Toyota Chairman: A Single EV Produces as Much Pollution as 3 Hybrids over Its Total Lifecycle

Toyota Chairman Akio Toyoda has raised concerns about the environmental benefits of battery electric vehicles (EVs), suggesting that hybrids offer a more practical path to reducing carbon emissions in certain regions. He argues that Toyota’s 27 million hybrid vehicles have the same carbon footprint as only nine million when the entire lifecycle of emissions is taken into account.

Toyota Chairman Akio Toyoda

U.S. and China Strike Deal in London to Revive Rare Earths Trade Truce

LONDON — The United States and China have agreed to a new trade framework aimed at restoring a stalled truce and stabilizing key economic ties. The agreement, reached during two days of talks at Lancaster House in London, includes provisions on critical mineral exports, tariff levels, and Chinese student access to U.S. universities.

US Treasury Secretary Scott Bessent (R) and US Trade Representative Jamieson Greer hold a

U.S. — China Trade Talks Kick Off in London

LONDON — American and Chinese delegations arrived at Lancaster House in London on Monday morning to begin a new round of trade negotiations, with rare-earth minerals and advanced technology at the center of the talks. The meeting follows a phone conversation last week between President Donald Trump and President Xi Jinping that helped pave the way for the diplomatic thaw.

Lancaster House