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China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US /
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2024-05-14 22:00:42

China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US on Nostr: Biden Imposes Tariffs on Chinese Goods to Address Trade Imbalance =============== ...

Biden Imposes Tariffs on Chinese Goods to Address Trade Imbalance
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#52f5979e ver:1.01

US President Joe Biden imposes tariffs on Chinese goods, including electric vehicles and steel, to address trade imbalance and protect American workers. Renowned economist Jeffrey Sachs warns of potential global economic destabilization and China's closer alignment with trade alliances like BRICS. US Trade Representative Katherine Tai recommends increased tariffs to combat China's technology transfer policies. The White House announces its own round of tariffs, targeting sectors with minimal impact on the macroeconomy. Biden's tariffs aim to prevent shortages and boost domestic production. #TradeWar #Tariffs #China...

#newstr #JoeBiden #Tariffs #ChineseGoods #TradeImbalance #UnfairTradePractices #China #ElectricVehicles #Batteries #Steel #SolarCells #Aluminum

https://here.news/story/52f5979e?ver=1.01
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