China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US on Nostr: President Biden Announces Major Tariffs on Chinese Imports, Targeting Manufacturing ...

President Biden Announces Major Tariffs on Chinese Imports, Targeting Manufacturing and Green Tech
===============
#52f5979e ver:1.08

President Biden imposes major tariffs on Chinese imports, targeting manufacturing and green tech. The measures include over 100% tariff on Chinese EVs, 50% on solar cells, 25% on lithium-ion batteries, steel, and aluminum. Aimed at protecting American industries and jobs, concerns arise over potential job losses and increased prices. The move aligns with US support for clean energy and semiconductors, reflecting ongoing tensions in US-China trade relations. Impact and long-term implications remain uncertain. #TradeWar #Manufacturing #GreenTech...

#newstr #Biden #Tariffs #ChineseManufacturing #GreenTech #ElectricVehicles #SolarCells #LithiumionBatteries #Steel #Aluminum #Trade #Economy #Jobs #China #UschinaBusinessCouncil #AmericanConsumers #TreasurySecretaryJanetYellen

https://here.news/story/52f5979e?ver=1.08