US-China Trade War Escalates as Biden Imposes Tariffs on Chinese EVs
===============
#ac1676e0 ver:0.5
The US-China trade war escalates as Biden imposes tariffs on Chinese EVs, prompting Canada to consider imposing tariffs as well. While Canada currently imposes a 6% tariff on Chinese-made vehicles, EVs qualify for up to $5,000 in federal rebates. The decision to impose tariffs is complex for Canada, as China is its second-largest trade partner. However, not following the US could invite tariffs on Canada. The US tariffs aim to address unfair trade practices and protect American industries, but the long-term implications for US-China trade relations remain uncertain. #TradeWar #EVs #Tariffs...
#newstr #UschinaTradeWar #Tariffs #ElectricVehicles #CleanTechIndustry
https://here.news/story/ac1676e0?ver=0.5
China Threatens Retaliation Against EU Investigations, Targeting Wine, Dairy, and Aircraft /
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2024-05-30 07:57:49
Author Public Key
npub18hf4mntfwp8sgft8tlwzq05f6pvvx7d9wept55m4daeg0lj7wfmsdwgqk7Published at
2024-05-30 07:57:49Event JSON
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"content": "US-China Trade War Escalates as Biden Imposes Tariffs on Chinese EVs\n===============\t\n#ac1676e0 ver:0.5\n\nThe US-China trade war escalates as Biden imposes tariffs on Chinese EVs, prompting Canada to consider imposing tariffs as well. While Canada currently imposes a 6% tariff on Chinese-made vehicles, EVs qualify for up to $5,000 in federal rebates. The decision to impose tariffs is complex for Canada, as China is its second-largest trade partner. However, not following the US could invite tariffs on Canada. The US tariffs aim to address unfair trade practices and protect American industries, but the long-term implications for US-China trade relations remain uncertain. #TradeWar #EVs #Tariffs...\n\n#newstr #UschinaTradeWar #Tariffs #ElectricVehicles #CleanTechIndustry \n\n https://here.news/story/ac1676e0?ver=0.5",
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