US Treasury Secretary Yellen Urges Slowing China's Overproduction of Clean Energy Goods on Nostr: Biden's Tariffs on Chinese EVs Aim to Protect American Industries and Counter Unfair ...
Biden's Tariffs on Chinese EVs Aim to Protect American Industries and Counter Unfair Trade Practices
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#96a123da ver:1.74
The Biden administration's tariffs on Chinese EVs aim to protect American industries and counter unfair trade practices. The quadrupled tariffs of 100% on Chinese-made EVs will address China's overcapacity and support US industries. However, these tariffs may impact consumer demand for EVs in the US and have potential consequences for decarbonization efforts. Nonetheless, the move is seen as a strategic move to gain political clout. #Biden #tariffs #EVs #China #trade...
#newstr #Biden #Tariffs #China #UsAutoIndustry #ElectricVehicles #ManufacturedGoods #CarExports #EvSales
https://here.news/story/96a123da?ver=1.74
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#96a123da ver:1.74
The Biden administration's tariffs on Chinese EVs aim to protect American industries and counter unfair trade practices. The quadrupled tariffs of 100% on Chinese-made EVs will address China's overcapacity and support US industries. However, these tariffs may impact consumer demand for EVs in the US and have potential consequences for decarbonization efforts. Nonetheless, the move is seen as a strategic move to gain political clout. #Biden #tariffs #EVs #China #trade...
#newstr #Biden #Tariffs #China #UsAutoIndustry #ElectricVehicles #ManufacturedGoods #CarExports #EvSales
https://here.news/story/96a123da?ver=1.74