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2024-07-11 02:56:30

China Threatens Retaliation Against EU Investigations, Targeting Wine, Dairy, and Aircraft on Nostr: The Backlash Against China's Overcapacity and Trade Tensions =============== ...

The Backlash Against China's Overcapacity and Trade Tensions
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#ac1676e0 ver:0.87

The US-China trade war escalates as the Biden administration quadruples tariffs on electric vehicles, doubles tariffs on solar panels, and nearly triples tariffs on Chinese-made steel and aluminum. The US government criticizes China's industrial overcapacity, citing threats to American manufacturers and the global economy. China's excess capacity is a result of protectionist policies and massive financial aid. The US seeks collaborative solutions with global partners to address negative economic spillovers. Tariffs are seen as a necessary measure to protect US industries and workers. China must address overcapacity and shift strategies to avoid further backlash. #TradeWar #IndustrialOvercapacity #Tariffs...

#newstr #UschinaTradeWar #ExcessCapacity #China'sIndustrialOvercapacity #Tariffs #ElectricVehicles #SolarPanels #Steel #Aluminum #ProtectionistPolicy #FinancialAid #EmergingIndustries #GlobalEconomy #MonopolyPosition #Bankruptcy #UsMarket #ElectricVehicleManufacturingInfrastructure #PowerDynamics #LiberalInternationalOrder #NationalSecurity #TradeWar #EconomicDependence #ManufacturingCapacity #EmergingTechnologies #DefenseIndustrialBase #EconomicVulnerability #Covid19Pandemic #GlobalSpillovers #NonmarketPolicies #MacroeconomicImbalances #NegativeEconomicSpillovers #ManufacturedExports #LowUtilizationRates #Dumping #Subsidies #GlobalManufacturing #GovernmentFinancialSupport #TradeBarriers #DomesticConsumption

https://here.news/story/ac1676e0?ver=0.87
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