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2024-05-15 01:57:16

China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US on Nostr: Biden Raises Tariffs on Chinese Electric Vehicles to 100%, Escalating Trade Tensions ...

Biden Raises Tariffs on Chinese Electric Vehicles to 100%, Escalating Trade Tensions
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#52f5979e ver:1.09

US President Biden raises tariffs on Chinese electric vehicles to 100%, escalating trade tensions. The move aims to support US jobs and manufacturing, but may lead to retaliation from China. The tariffs also target solar cells, lithium batteries, and semiconductors, aligning with the US government's support for clean energy and tech sectors. Concerns are raised about potential job losses and increased prices, while the long-term impact remains uncertain. #TradeWar #Tariffs #USChinaRelations #EVs...

#newstr #Tariffs #UschinaTradeTensions #ElectricVehicles #Manufacturing #CleanEnergy

https://here.news/story/52f5979e?ver=1.09
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