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2024-05-15 08:07:47

China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US on Nostr: Biden Doubles, Triples, and Quadruples Tariffs on Chinese Imports, Escalating ...

Biden Doubles, Triples, and Quadruples Tariffs on Chinese Imports, Escalating US-China Trade Tensions
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#52f5979e ver:1.23

US President Biden escalates US-China trade tensions by doubling, tripling, and quadrupling tariffs on Chinese imports, targeting strategic sectors like EVs and semiconductors. Seen as an attempt to appear tough on trade before the election, this move highlights competition with Trump for votes in battleground states. China strongly opposes the hikes, warning of bilateral cooperation impact and WTO rule violation. Experts predict intensifying trade war as the US prioritizes being tough on China in the November election. #TradeWar #USChinaRelations #Tariffs...

#newstr #UschinaTradeWar #Tariffs #JoeBiden #UsElection

https://here.news/story/52f5979e?ver=1.23
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