Business Today on Nostr: nostr:note1awxc742p0lkenmq3dlc5lgf54ffas3kjcm9y7g8skqh7dujtfefqzvhe33

quoting note1awx…he33

China Criticizes US Tariff Hike as 'Bullying' and Sign of Weakness
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#52f5979e ver:1.3

China criticizes US tariff hike as 'bullying' and sign of weakness. US President Joe Biden increases tariffs on Chinese imports, including EVs, batteries, solar cells, semiconductors, and aluminum products. The move aims to protect US jobs and address unfair Chinese subsidies. Tariffs phased in over 3 years, affecting $18 billion worth of goods. China's foreign minister calls on international community to warn US. Tariffs may raise consumer prices for EVs and impact global supply chains. US aims to reduce dependence on China, but may push China to seek alternative markets. #TradeWar #China #US #Tariffs...

#newstr #Us #China #Tariffs #TradeTensions

https://here.news/story/52f5979e?ver=1.3