China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US on Nostr: Limited Economic Impact Expected from Biden's New China Tariffs on Green Tech Imports ...

Limited Economic Impact Expected from Biden's New China Tariffs on Green Tech Imports
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#52f5979e ver:1.44

US President Biden's new tariffs on Chinese green tech imports, including electric vehicles and solar cells, are not expected to have a major economic impact. Chinese companies believe the tariffs will only have a short-term effect. However, China has criticized the US for politicizing trade issues and may respond measuredly. The tariffs could boost Biden's re-election chances, but the World Trade Organization has deemed them violations of international law. The US-China trade war continues, with no significant changes in behavior. #TradeWar #Tariffs #USChinaRelations #GreenTech...

#newstr #Biden #China #Tariffs #UschinaTies #GreenTech #ElectricVehicles #Chips #SolarCells #Retaliation #Eu

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