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2024-05-13 01:01:32

China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US on Nostr: Biden Administration Plans to Impose Major New Tariffs on Chinese EVs and Green ...

Biden Administration Plans to Impose Major New Tariffs on Chinese EVs and Green Energy Imports
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#52f5979e ver:0.66

The Biden administration plans to impose major new tariffs on Chinese EVs and green energy imports, quadrupling tariffs on Chinese EVs from 25% to 100%. The move aims to address China's manufacturing 'overcapacity' and protect strategic industries. The announcement also maintains some tariffs imposed during the Trump administration, covering $360 billion in Chinese goods. This could potentially lead to a broader trade conflict with China. #BidenAdministration #Tariffs #China #EVs #GreenEnergy...

#newstr #BidenAdministration #Tariffs #ChineseEvs #GreenEnergy #UschinaTradeRelations

https://here.news/story/52f5979e?ver=0.66
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