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2024-07-11 03:56:32

China Threatens Retaliation Against EU Investigations, Targeting Wine, Dairy, and Aircraft on Nostr: US Raises Concerns Over Chinese Industrial Overcapacity and Spillovers ...

US Raises Concerns Over Chinese Industrial Overcapacity and Spillovers
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#ac1676e0 ver:0.88

The US raises concerns over China's industrial overcapacity, quadrupling tariffs on electric vehicles, doubling tariffs on solar panels, and nearly tripling tariffs on Chinese-made steel and aluminum products. The US warns of economic risks and seeks collaborative solutions with global partners. China's excess capacity is a result of protectionist policies and financial aid, while the US claims bankruptcy of American companies is due to cheap Chinese products. The Biden administration aims to contain China and restore stability to the international order. Tariffs are seen as part of the solution to address economic dependence on China. #USChinaTradeWar #IndustrialOvercapacity...

#newstr #UschinaTradeWar #ExcessCapacity #China'sIndustrialOvercapacity #Tariffs #ElectricVehicles #SolarPanels #Steel #Aluminum #ProtectionistPolicy #FinancialAid #EmergingIndustries #GlobalEconomy #MonopolyPosition #Bankruptcy #UsMarket #ElectricVehicleManufacturingInfrastructure #PowerDynamics #LiberalInternationalOrder #NationalSecurity #TradeWar #EconomicDependence #ManufacturingCapacity #EmergingTechnologies #DefenseIndustrialBase #EconomicVulnerability #Covid19Pandemic #GlobalSpillovers #NonmarketPolicies #MacroeconomicImbalances #NegativeEconomicSpillovers #ManufacturedExports #LowUtilizationRates #Dumping #Subsidies #GlobalManufacturing #GovernmentFinancialSupport #TradeBarriers #DomesticConsumption #JoeBidenAdministration

https://here.news/story/ac1676e0?ver=0.88
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