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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 08:57:14

China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US on Nostr: US Considers Maintaining Tariffs on Chinese EVs and Solar Panels =============== ...

US Considers Maintaining Tariffs on Chinese EVs and Solar Panels
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#52f5979e ver:0.39

US President Joe Biden is considering maintaining tariffs on Chinese EVs and solar panels as part of a broader strategy to target strategic industries. This approach differs from Trump's, aiming for a more nuanced strategy to avoid inflation and escalating trade tensions. The focus on EVs and solar panels 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 the US and European markets have been a concern for other automakers. Biden does not want a trade war with China. #TradeWar #Tariffs #China #EVs #SolarPanels...

#newstr #UsTariffs #ChineseEvs #SolarPanels #TradeWar #Biden #Trump #ChinausTrade

https://here.news/story/52f5979e?ver=0.39
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