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Colombia seeks to join China-based development bank as Latin America drifts away from Washington

Colombia's government has applied to join a China-based development bank, another sign of Latin America's drift away from the U.S. as the Trump administration's foreign aid cuts, trade barriers and crackdown on immigration spurs many leaders in the region to seek closer ties with Washington's geopolitical rival. Colombian President Gustavo Petro wrapped up a visit to China this week with a stop in Shanghai, where he met with former Brazilian President Dilma Rousseff, the head of the New Development Bank.

Japan mulls subsidies for Tesla's EV charging stations in tariff talks, TBS says

TOKYO (Reuters) -Japan is considering a plan to offer subsidies for building charging stations for Tesla electric vehicles in tariff talks with the United States, broadcaster TBS reported on Saturday. The government currently provides subsidies for installing charging stations for EVs only for the charging standard "CHAdeMO", which originated in Japan, but not for Tesla's "Supercharger", the report said. The U.S. Trade Representative (USTR) has raised concerns about this issue and is requesting improvements, TBS said.