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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 19:53:50

China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US on Nostr: Renowned Economist Warns US Tariff Hike on China May Destabilize Global Economy ...

Renowned Economist Warns US Tariff Hike on China May Destabilize Global Economy
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#52f5979e ver:0.99

Renowned economist warns US tariff hike on China may destabilize global economy, driving China closer to trade alliances like BRICS. Tariffs on steel, aluminum, semiconductors, and electric vehicles set to rise significantly. China likely to speed up Belt and Road Initiative and New Development Bank. US protectionism and departure from global trade norms cited as reasons. China may maintain trade openness with EU despite increasing protectionism. US Trade Representative recommends higher tariffs to address technology transfer policies. Collaboration needed to combat state-sponsored technology theft. #TradeWar #GlobalEconomy #China #Tariffs...

#newstr #UsTrade #Tariffs #China #TechnologyTransfer #Section301 #Imports

https://here.news/story/52f5979e?ver=0.99
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