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2024-06-14 10:59:24

China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US on Nostr: US Manufacturing Group Calls for Stronger Protection Against Chinese Imports Amidst ...

US Manufacturing Group Calls for Stronger Protection Against Chinese Imports Amidst Tariff Hikes and Investigations
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#52f5979e ver:1.97

The Alliance for American Manufacturing is calling for stronger protection against Chinese imports, urging the US to enact policies to address China's excess industrial capacity and state-driven support for critical sectors. The Biden administration has imposed tariffs on Chinese goods, including solar panels and electric vehicles. Investigations into solar cell imports from Cambodia, Malaysia, Thailand, and Vietnam aim to block tariff workarounds used by Chinese firms. However, experts warn that these tariffs may make clean energy products more expensive and slow down the transition to renewable energy. To effectively compete with China, the US and Europe must coordinate protectionism and subsidies in key industries. The Biden administration's strategic approach aims to lead the clean energy transition while creating high-quality union jobs and opportunities for workers. #TradeWar #Tariffs #CleanEnergy #Manufacturing...

#newstr #UsManufacturing #ChineseImports #AllianceForAmericanManufacturing #Tariffs #Section421 #G7 #China'sIndustrialPolicies #SolarPanelInvestigations #CleanEnergyTransition #Biden'sTradePolicies #America'sCleanEnergyEconomy

https://here.news/story/52f5979e?ver=1.97
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