US Trade Chief Recommends Higher Tariffs to Address China's 'Unfair' Practices
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#52f5979e ver:0.83
US President Joe Biden is increasing tariffs on Chinese imports, including electric vehicles, computer chips, and medical products, to address unfair practices. The move aims to protect American workers and differentiate from Trump. The tariffs may impact EV costs and hinder climate goals, but Biden aims to compete with China without a trade war. The US International Trade Commission suggests that raising tariffs on Chinese EVs could boost Korean exports. The Biden administration plans to quadruple tariffs on Chinese EVs to block future access to the American market. Critics argue for open competition instead....
#newstr #UsTrade #Tariffs #China #TechnologyTransfer #Section301 #Enforcement #Collaboration
https://here.news/story/52f5979e?ver=0.83
China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US /
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2024-05-14 11:04:26
Author Public Key
npub1f4h06z4h224u24jmzhnjkdvfs5k7klehnwkvglk6hedz28xf6a0sx8q62fPublished at
2024-05-14 11:04:26Event JSON
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"content": "US Trade Chief Recommends Higher Tariffs to Address China's 'Unfair' Practices\n===============\t\n#52f5979e ver:0.83\n\nUS President Joe Biden is increasing tariffs on Chinese imports, including electric vehicles, computer chips, and medical products, to address unfair practices. The move aims to protect American workers and differentiate from Trump. The tariffs may impact EV costs and hinder climate goals, but Biden aims to compete with China without a trade war. The US International Trade Commission suggests that raising tariffs on Chinese EVs could boost Korean exports. The Biden administration plans to quadruple tariffs on Chinese EVs to block future access to the American market. Critics argue for open competition instead....\n\n#newstr #UsTrade #Tariffs #China #TechnologyTransfer #Section301 #Enforcement #Collaboration \n\n https://here.news/story/52f5979e?ver=0.83",
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