China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US on Nostr: US President Biden to Impose Tariffs on China's Electric Vehicles and Strategic ...
US President Biden to Impose Tariffs on China's Electric Vehicles and Strategic Sectors
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#52f5979e ver:0.37
US President Biden plans to impose tariffs on China's electric vehicles and strategic sectors, including semiconductors and solar equipment, as part of his efforts to address unfair trade practices and protect American industries. The move could invite retaliation from China, but Biden aims to avoid a trade war. Chinese EV makers like XPeng, NIO, BYD, and Geely Automobile may be impacted, while US EV makers relying on China for battery technology could face challenges. Biden's approach to tariffs differs from Trump's. Full details of the tariffs are forthcoming. #TradeWar #Tariffs #China #ElectricVehicles...
#newstr #UschinaTradeTensions #Tariffs #ElectricVehicles #StrategicSectors #AmericanIndustries #ChineseEvStocks
https://here.news/story/52f5979e?ver=0.37
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#52f5979e ver:0.37
US President Biden plans to impose tariffs on China's electric vehicles and strategic sectors, including semiconductors and solar equipment, as part of his efforts to address unfair trade practices and protect American industries. The move could invite retaliation from China, but Biden aims to avoid a trade war. Chinese EV makers like XPeng, NIO, BYD, and Geely Automobile may be impacted, while US EV makers relying on China for battery technology could face challenges. Biden's approach to tariffs differs from Trump's. Full details of the tariffs are forthcoming. #TradeWar #Tariffs #China #ElectricVehicles...
#newstr #UschinaTradeTensions #Tariffs #ElectricVehicles #StrategicSectors #AmericanIndustries #ChineseEvStocks
https://here.news/story/52f5979e?ver=0.37