US Treasury Secretary Yellen Urges Slowing China's Overproduction of Clean Energy Goods on Nostr: The Real Reason Behind US' New Anti-China Tariffs =============== #96a123da ver:1.64 ...
The Real Reason Behind US' New Anti-China Tariffs
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#96a123da ver:1.64
President Biden's new tariffs on Chinese goods, including electric vehicles, aim to protect domestic industries and address concerns about China's unfair competition. However, the IMF warns that tensions between the US and China could harm global trade and growth. Chinese industrial groups criticize the US for violating trade rules and increasing prices for consumers. The trade war reflects a shift towards protectionism and state-led industrial policy, with political motivations ahead of the election. The US and Europe are both seeking to protect their manufacturing jobs and compete with China's dominance in sectors like electric vehicles. #TradeWar #Tariffs #China #US...
#newstr #UschinaTradeWar #Tariffs #UsAutoIndustry #China'sElectricVehicleSector #PresidentialElection
https://here.news/story/96a123da?ver=1.64
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#96a123da ver:1.64
President Biden's new tariffs on Chinese goods, including electric vehicles, aim to protect domestic industries and address concerns about China's unfair competition. However, the IMF warns that tensions between the US and China could harm global trade and growth. Chinese industrial groups criticize the US for violating trade rules and increasing prices for consumers. The trade war reflects a shift towards protectionism and state-led industrial policy, with political motivations ahead of the election. The US and Europe are both seeking to protect their manufacturing jobs and compete with China's dominance in sectors like electric vehicles. #TradeWar #Tariffs #China #US...
#newstr #UschinaTradeWar #Tariffs #UsAutoIndustry #China'sElectricVehicleSector #PresidentialElection
https://here.news/story/96a123da?ver=1.64