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2024-05-24 07:08:58

The Impact of Protectionist Trade Policies on Average North Carolinians: Where is the Voice of the Consumer? on Nostr: The Impact of Tariffs on China: A Comparison of Trump and Biden's Approaches ...

The Impact of Tariffs on China: A Comparison of Trump and Biden's Approaches
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#4b8f3bd9 ver:0.77

Both Trump and Biden have implemented tariffs on Chinese goods, reflecting the belief that imports, especially from China, have led to the loss of American manufacturing jobs. Biden has largely maintained Trump's tariffs and announced new tariffs on Chinese electric vehicles and other products. The US is likely to maintain a protectionist trade policy, while China aims to boost its economy through increased exports. The US-China trade war has political and economic consequences, with potential inflation pressures and negative impacts on achieving climate goals. Europe faces a choice between a destructive trade war with China or a constructive economic relationship based on mutual benefit. #TradeWar #Protectionism #USChinaRelations #EconomicPolicy...

#newstr #UschinaTrade #Tariffs #ManufacturingEconomy #BidenAdministration

https://here.news/story/4b8f3bd9?ver=0.77
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