China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US on Nostr: US Considers Maintaining Tariffs on Chinese EVs and Solar Panels, Potential Severe ...
US Considers Maintaining Tariffs on Chinese EVs and Solar Panels, Potential Severe Damage to China's Economy
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#52f5979e ver:0.41
US President Joe Biden is considering maintaining tariffs on Chinese EVs and solar panels as part of a broader strategy targeting strategic industries, potentially causing severe damage to China's economy. The focus on these sectors aims to hold China accountable and protect American industries, but could invite retaliation. The tariffs could impact Chinese EV makers and pose challenges for US EV makers. Fitch Ratings warns of a decrease in US and global GDP, while Chinese domestic stocks and major Chinese EV players had mixed reactions to the news. #TradeWar #China #EVs #SolarPanels...
#newstr #UschinaTradeWar #Tariffs #ElectricVehicles #SolarSectors
https://here.news/story/52f5979e?ver=0.41
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#52f5979e ver:0.41
US President Joe Biden is considering maintaining tariffs on Chinese EVs and solar panels as part of a broader strategy targeting strategic industries, potentially causing severe damage to China's economy. The focus on these sectors aims to hold China accountable and protect American industries, but could invite retaliation. The tariffs could impact Chinese EV makers and pose challenges for US EV makers. Fitch Ratings warns of a decrease in US and global GDP, while Chinese domestic stocks and major Chinese EV players had mixed reactions to the news. #TradeWar #China #EVs #SolarPanels...
#newstr #UschinaTradeWar #Tariffs #ElectricVehicles #SolarSectors
https://here.news/story/52f5979e?ver=0.41