China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US on Nostr: Biden Quadruples Tariffs on Chinese Electric Vehicles and Imposes Levies on Solar ...

Biden Quadruples Tariffs on Chinese Electric Vehicles and Imposes Levies on Solar Cells and Computer Chips
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#52f5979e ver:1.11

US President Biden quadrupled tariffs on Chinese electric vehicles to 100%, aiming to support US jobs and manufacturing. The tariffs also target solar cells, computer chips, and lithium-ion batteries. The move aims to protect domestic industries and address China's alleged unfair trade practices. The tariffs may escalate trade tensions with China but are part of a broader strategy to strengthen the American economy and ensure the future of EVs is rooted in the US. #TradeWar #Manufacturing #CleanEnergy...

#newstr #Biden #China #Tariffs #ElectricVehicles #Manufacturing #TradePractices

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