The Historical Context of US-China Trade Wars: From Nixon to Biden
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#96a123da ver:1.63
President Biden follows in Trump's footsteps, imposing tariffs on Chinese goods, particularly electric vehicles, to protect domestic industries. The IMF warns that US-China tensions could harm global trade and growth. Chinese industrial groups criticize the US for breaching trade rules and increasing costs for American consumers. The trade war reflects a shift towards protectionism and state-led industrial policy, with historical precedents in Nixon's Trade Reform Act. The outcome of the trade war remains uncertain, but it could lead to militarized confrontation or a new trade order. #TradeWar #USChinaRelations #Protectionism...
#newstr #UschinaTradeWar #Tariffs #Protectionism #Section301 #RichardNixon #Imf
https://here.news/story/96a123da?ver=1.63
US Treasury Secretary Yellen Urges Slowing China's Overproduction of Clean Energy Goods /
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2024-05-17 06:03:22
Author Public Key
npub1lguaw3629varhdenqehdg7r20zsmqpt7e6wp6cys8nsva9a35vgqm3ns9wPublished at
2024-05-17 06:03:22Event JSON
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"content": "The Historical Context of US-China Trade Wars: From Nixon to Biden\n===============\t\n#96a123da ver:1.63\n\nPresident Biden follows in Trump's footsteps, imposing tariffs on Chinese goods, particularly electric vehicles, to protect domestic industries. The IMF warns that US-China tensions could harm global trade and growth. Chinese industrial groups criticize the US for breaching trade rules and increasing costs for American consumers. The trade war reflects a shift towards protectionism and state-led industrial policy, with historical precedents in Nixon's Trade Reform Act. The outcome of the trade war remains uncertain, but it could lead to militarized confrontation or a new trade order. #TradeWar #USChinaRelations #Protectionism...\n\n#newstr #UschinaTradeWar #Tariffs #Protectionism #Section301 #RichardNixon #Imf \n\n https://here.news/story/96a123da?ver=1.63",
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