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US Treasury Secretary Yellen Urges Slowing China's Overproduction of Clean Energy Goods /
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2024-05-23 11:00:10

US Treasury Secretary Yellen Urges Slowing China's Overproduction of Clean Energy Goods on Nostr: US Announces Tariff Increases on Chinese EVs, Batteries, and Chips to Take Effect on ...

US Announces Tariff Increases on Chinese EVs, Batteries, and Chips to Take Effect on August 1
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#96a123da ver:1.92

President Biden announces tariff increases on Chinese EVs, batteries, and chips, aiming to protect domestic manufacturers and address the climate crisis. Tariffs on EVs will reach 100%, while semiconductor duties will double to 50%. The US seeks public comments on the proposed measures, affecting $18 billion worth of imports. China vows to protect its interests, and the outcome depends on diplomatic negotiations and the US-China relationship. #TradeWar #ClimateCrisis #EVs #Tariffs...

#newstr #Tariffs #UschinaTrade #ElectricVehicles #Batteries #ComputerChips #MedicalProducts

https://here.news/story/96a123da?ver=1.92
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