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2024-05-20 17:02:30

US Treasury Secretary Yellen Urges Slowing China's Overproduction of Clean Energy Goods on Nostr: US Announces Steep Tariffs on Chinese Products to Protect Domestic Industries ...

US Announces Steep Tariffs on Chinese Products to Protect Domestic Industries
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#96a123da ver:1.73

The US announces steep tariffs on Chinese products, including EVs, solar cells, and lithium-ion batteries, to protect domestic industries. Michigan's EV industry is particularly affected, as the tariffs aim to level the playing field against Chinese competitors. The US seeks to reduce dependence on China and ensure fair competition. The tariffs also target semiconductors, steel, aluminum, cranes, PPE, and medical gloves. This move escalates tensions between the US and China and prioritizes manufacturing over cutting emissions. #TradeWar #Protectionism #EVIndustry...

#newstr #Tariffs #ElectricVehicles #SolarCells #LithiumionBatteries #Michigan #TradeTensions #EnergyTransition

https://here.news/story/96a123da?ver=1.73
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