China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US on Nostr: Biden Imposes Heavy Import Tariffs on Chinese Electric Vehicles and Semiconductors ...
Biden Imposes Heavy Import Tariffs on Chinese Electric Vehicles and Semiconductors
===============
#52f5979e ver:1.16
President Biden imposes heavy tariffs on Chinese electric vehicles and semiconductors, including a 100% tariff on EVs and a 50% tariff on semiconductors. The move aims to ensure fair competition, prevent China from controlling the market, and address unfair trade practices. The tariffs cover $18 billion worth of goods and are part of ongoing trade tensions. Biden's administration seeks to protect American industries and jobs while consulting with allies. The impact on the US-China trade relationship and global economy remains uncertain. #TradeWar #Tariffs #China #ElectricVehicles #Semiconductors...
#newstr #Biden #China #Tariffs #ElectricVehicles #Semiconductors
https://here.news/story/52f5979e?ver=1.16Published at
2024-05-15 06:05:08Event JSON
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"content": "Biden Imposes Heavy Import Tariffs on Chinese Electric Vehicles and Semiconductors\n===============\t\n#52f5979e ver:1.16\n\nPresident Biden imposes heavy tariffs on Chinese electric vehicles and semiconductors, including a 100% tariff on EVs and a 50% tariff on semiconductors. The move aims to ensure fair competition, prevent China from controlling the market, and address unfair trade practices. The tariffs cover $18 billion worth of goods and are part of ongoing trade tensions. Biden's administration seeks to protect American industries and jobs while consulting with allies. The impact on the US-China trade relationship and global economy remains uncertain. #TradeWar #Tariffs #China #ElectricVehicles #Semiconductors...\n\n#newstr #Biden #China #Tariffs #ElectricVehicles #Semiconductors \n\n https://here.news/story/52f5979e?ver=1.16",
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