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2024-05-14 10:58:25

China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US on Nostr: US Proposes New Round of Tariffs on Chinese Goods, Citing 'Unfair' Policies ...

US Proposes New Round of Tariffs on Chinese Goods, Citing 'Unfair' Policies
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#52f5979e ver:0.82

US President Joe Biden proposes steep tariff increases on Chinese goods, including electric vehicles and computer chips, to address unfair practices. The move aims to protect American workers and differentiate from Trump's trade deal. Concerns arise about potential inflation and hindrance to climate goals. The US plans to quadruple tariffs on Chinese EVs to 100%, blocking access to the American market. Critics argue for open competition and market-led shift away from petrol vehicles. The tariffs are part of a broader strategy to compete with China in the green technology sector. #TradeWar #Tariffs #China #EVs #ClimateGoals...

#newstr #Us #China #Tariffs #TechnologyTransfer #Trade

https://here.news/story/52f5979e?ver=0.82
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