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2024-05-13 03:55:40

China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US on Nostr: Biden Administration's Tariffs on Chinese Green Energy Exports Raise Concerns about ...

Biden Administration's Tariffs on Chinese Green Energy Exports Raise Concerns about Climate Action
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#52f5979e ver:0.69

The Biden administration's tariffs on Chinese green energy exports raise concerns about climate action. Tariffs on Chinese EVs will rise from 27.5% to 102.5%, with increases expected on solar panels and semiconductors. While the US aims to protect American workers and compete with China, this approach risks more expensive, less advanced vehicles, impedes decarbonization, and damages international cooperation on climate. Instead, the US and Europe should collaborate with constructive partners to address competitiveness in new energy technologies. Beijing should address concerns about its industrial prowess. #ClimateAction #Tariffs #GreenEnergy #USChina...

#newstr #BidenAdministration #Tariffs #China #GreenEnergy #ClimateAction

https://here.news/story/52f5979e?ver=0.69
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