China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US on Nostr: US to Quadruple Tariffs on Chinese EVs, Batteries, and Solar Equipment ...
US to Quadruple Tariffs on Chinese EVs, Batteries, and Solar Equipment
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#52f5979e ver:0.61
US President Joe Biden is set to announce significant tariff hikes on Chinese imports, including electric vehicles, batteries, and solar equipment. The move aims to protect domestic industries and promote clean energy investments. The revisions to the tariff program come after a multi-year assessment and reflect the Biden administration's response to China's unfair practices. However, economists express concerns over the potential for escalating tariffs to lead to a new trade war and negatively impact the American economy. #TradeWar #Tariffs #CleanEnergy #China...
#newstr #UschinaTrade #Tariffs #ElectricVehicles #JoeBiden #DonaldTrump
https://here.news/story/52f5979e?ver=0.61
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#52f5979e ver:0.61
US President Joe Biden is set to announce significant tariff hikes on Chinese imports, including electric vehicles, batteries, and solar equipment. The move aims to protect domestic industries and promote clean energy investments. The revisions to the tariff program come after a multi-year assessment and reflect the Biden administration's response to China's unfair practices. However, economists express concerns over the potential for escalating tariffs to lead to a new trade war and negatively impact the American economy. #TradeWar #Tariffs #CleanEnergy #China...
#newstr #UschinaTrade #Tariffs #ElectricVehicles #JoeBiden #DonaldTrump
https://here.news/story/52f5979e?ver=0.61