China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US on Nostr: Biden Increases Tariffs on Chinese EVs, Chips, and Cars, Prompting China's Response ...

Biden Increases Tariffs on Chinese EVs, Chips, and Cars, Prompting China's Response
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#52f5979e ver:1.33

US President Biden increases tariffs on Chinese imports, including EVs and chips, to address trade gap and IP theft. China opposes the measures and urges cancellation. Tariffs may protect domestic industries but could raise consumer prices and impact global supply chains. #TradeWar #EVs #Chips...

#newstr #Tariffs #UschinaTradeRelations #JoeBiden #China #ElectricVehicles #ComputerChips #MedicalProducts

https://here.news/story/52f5979e?ver=1.33