Western allies are working to develop joint defensive measures against cheaper Chinese steel, driven by forecasts showing steel production capacity will exceed global demand by 38% by 2027. This looming imbalance has sparked an urgent call for international collaboration to protect domestic steel industries and maintain fair market practices.

An electric truck maker with deep Amazon roots is set to disrupt the market next year with its ‘radically simple’ $20,000 electric truck. Backed by Jeff Bezos, the company aims to shake up the EV industry.