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2024-06-14 06:01:45

China Threatens Retaliation Against EU Investigations, Targeting Wine, Dairy, and Aircraft on Nostr: EU and US Increase Tariffs on Chinese Electric Vehicles in Escalating Trade War ...

EU and US Increase Tariffs on Chinese Electric Vehicles in Escalating Trade War
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#ac1676e0 ver:0.62

The EU and US are increasing tariffs on Chinese electric vehicles, escalating the trade war. The EU's move, despite internal divisions, aims to protect its own EV industry from Chinese competition. However, doubts remain about the effectiveness of the tariffs as Chinese EVs gain market share due to lower prices. The US plans to extend tariffs to other Chinese products, setting the EV rate at 100%. The EU's approach reflects economic ties and belief in trade based on international rules. #TradeWar #EVs #Tariffs...

#newstr #Eu #Us #China #Tariffs #ElectricVehicles #TradeWar

https://here.news/story/ac1676e0?ver=0.62
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