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China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US /
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2024-05-10 06:01:02

China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US on Nostr: Biden Considers Tariffs on China's Electric Vehicles as Part of Broader Trade ...

Biden Considers Tariffs on China's Electric Vehicles as Part of Broader Trade Strategy
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#52f5979e ver:0.38

US President Biden is considering imposing tariffs on China's electric vehicles as part of a broader trade strategy targeting strategic industries. The focus on sectors like EVs aims to hold China accountable and protect American industries, but could invite retaliation. The impact on Chinese EV makers remains unclear, but fears of cheap Chinese EVs dominating global markets have been a concern. Biden's approach to tariffs differs from Trump's, aiming for a more nuanced strategy to avoid inflation and escalating tensions. Full details of the tariffs are expected soon. #Biden #China #EVs #trade...

#newstr #JoeBiden #China #ElectricVehicles #Tariffs #TradePolicy

https://here.news/story/52f5979e?ver=0.38
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