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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 17:04:29

China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US on Nostr: Biden Plans to Announce Tariffs on Chinese Green Tech, Targeting EVs and Solar Panels ...

Biden Plans to Announce Tariffs on Chinese Green Tech, Targeting EVs and Solar Panels
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#52f5979e ver:0.43

US President Biden plans to announce tariffs on Chinese green tech, targeting EVs and solar panels. The move aims to hold China accountable and protect American industries, but may not address the overall trade imbalance. The tariffs could impact Chinese EV makers and pose challenges for US EV makers reliant on China for battery technology. Fitch Ratings warns of potential GDP decrease, while China warns of consequences and vows to defend Chinese companies. #TradeWar #GreenTech #EVs #SolarPanels...

#newstr #JoeBiden #Tariffs #China #GreenTech #Trade #Election

https://here.news/story/52f5979e?ver=0.43
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