Asia Financial on Nostr: nostr:note15d33fs7j4rrdpfqlxr3ejxdp0q2us9y3x7qh02fdtvgpacwsudysjjhle3

quoting note15d3…hle3

US Imposes 100% Tariff on Chinese Electric Vehicle Imports, Raising Concerns about Trade Relations and Economic Impact
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#52f5979e ver:0.72

US President Joe Biden is set to announce a 100% tariff on Chinese electric vehicle imports, part of a broader effort to protect American workers and address concerns about national security and intellectual property theft. While the impact on Chinese industries may be limited, there are potential risks of retaliation and disruptions in global supply chains. Experts argue that the US should focus on making affordable electric vehicles domestically. #TradeWar #Tariffs #EVs #China...

#newstr #UschinaTradeWar #Tariffs #ElectricVehicles #SolarIndustry

https://here.news/story/52f5979e?ver=0.72