US Needs Stronger Defenses Against China's Overcapacity, Treasury Official Says
===============
#ac1676e0 ver:0.82
The US must strengthen defenses against China's overcapacity, says Treasury official. Biden administration plans to increase tariffs on electric vehicles, solar panels, steel, and aluminum. China's excess capacity threatens American manufacturers and the global economy. US seeks to contain China and restore stability. Tariffs are part of the solution to address economic dependence on China. More creative actions may be needed beyond tariffs. Bipartisan lawmakers call for legislation to apply anti-dumping duties on Chinese goods. US-Mexico effort to combat China's circumvention of tariffs. China's overcapacity driven by overinvestment and state support. US will take defensive action if necessary. #USChinaTradeWar #ExcessCapacity #Tariffs #EconomicSecurity...
#newstr #UschinaTrade #Tariffs #Overcapacity #Dumping #China'sBeltAndRoad #Steel #Aluminum #TradeDefense
https://here.news/story/ac1676e0?ver=0.82
China Threatens Retaliation Against EU Investigations, Targeting Wine, Dairy, and Aircraft /
npub18h…wgqk7
2024-07-10 21:14:53
Author Public Key
npub18hf4mntfwp8sgft8tlwzq05f6pvvx7d9wept55m4daeg0lj7wfmsdwgqk7Published at
2024-07-10 21:14:53Event JSON
{
"id": "470e98695024d56cccf7f09ec107f9bcdba2ed8af04d995337ba7540d4914fae",
"pubkey": "3dd35dcd69704f0425675fdc203e89d058c379a57642ba53756f7287fe5e7277",
"created_at": 1720646093,
"kind": 1,
"tags": [],
"content": "US Needs Stronger Defenses Against China's Overcapacity, Treasury Official Says\n===============\t\n#ac1676e0 ver:0.82\n\nThe US must strengthen defenses against China's overcapacity, says Treasury official. Biden administration plans to increase tariffs on electric vehicles, solar panels, steel, and aluminum. China's excess capacity threatens American manufacturers and the global economy. US seeks to contain China and restore stability. Tariffs are part of the solution to address economic dependence on China. More creative actions may be needed beyond tariffs. Bipartisan lawmakers call for legislation to apply anti-dumping duties on Chinese goods. US-Mexico effort to combat China's circumvention of tariffs. China's overcapacity driven by overinvestment and state support. US will take defensive action if necessary. #USChinaTradeWar #ExcessCapacity #Tariffs #EconomicSecurity...\n\n#newstr #UschinaTrade #Tariffs #Overcapacity #Dumping #China'sBeltAndRoad #Steel #Aluminum #TradeDefense \n\n https://here.news/story/ac1676e0?ver=0.82",
"sig": "43f836f86248b6d07d3f31e28fd9722eda3446f5b23e301765bf25728da951311542fc181d5d7777c9f79df83357521fd506da8c79d4b4e6fdb077b439234099"
}