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China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US /
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2024-05-11 05:06:31

China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US on Nostr: US Plans to Quadruple Tariffs on Chinese Electric Vehicles and Green Energy Imports ...

US Plans to Quadruple Tariffs on Chinese Electric Vehicles and Green Energy Imports
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#52f5979e ver:0.5

US President Joe Biden is set to announce new tariffs on Chinese imports, including electric vehicles and green energy products, in an effort to address China's manufacturing 'overcapacity' and protect domestic industries. The tariffs could quadruple existing rates from 25% to 100%. The move aims to strike a balance between protecting American interests and avoiding a full-scale trade war. Implications for the US-China trade relationship and the global economy are significant. #TradeWar #CleanEnergy #USChinaRelations...

#newstr #UschinaTrade #Tariffs #ElectricVehicles #GreenEnergy #Imports

https://here.news/story/52f5979e?ver=0.5
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