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2024-05-16 18:58:12

US Treasury Secretary Yellen Urges Slowing China's Overproduction of Clean Energy Goods on Nostr: The Potential Consequences of a U.S.-China Trade War =============== #96a123da ...

The Potential Consequences of a U.S.-China Trade War
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#96a123da ver:1.56

The U.S.-China trade war has potential consequences for the global economy. President Biden's increased tariffs on Chinese goods, including electric vehicles, highlight concerns about China's unfair competition. China's economic policies prioritize producers over consumers, limiting domestic spending and inviting more trade disputes. The trade war could have indirect effects on the U.S. economy and add to inflationary pressure. Despite long-term consequences, China bashing may benefit Biden and Trump politically. #TradeWar #GlobalEconomy #ChinaBashing...

#newstr #China #TradeWar #Tariffs #Economy #Inflation #PresidentialElection

https://here.news/story/96a123da?ver=1.56
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