China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US on Nostr: Biden Administration Plans to Restructure Trump's Tariffs on Chinese Imports, ...
Biden Administration Plans to Restructure Trump's Tariffs on Chinese Imports, Focusing on Strategic Industries
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#52f5979e ver:0.44
The Biden administration plans to restructure Trump's tariffs on Chinese imports, focusing on strategic industries like electric vehicles and solar components. Tariffs could increase up to 100%. The goal is to protect domestic industries and promote clean energy investments. However, economists warn of potential trade war risks and harm to the US economy. The Office of the US Trade Representative faces a May deadline for tariff exclusions. Treasury Secretary Yellen has discussed concerns with China's non-market practices. The administration also urges the EU to impose tariffs on imported electric vehicles. #TradeWar #CleanEnergy #Tariffs...
#newstr #BidenAdministration #Trump'sTariffProgram #Tariffs #China #UsEconomy #ElectricVehicles #SolarComponents #CriticalMinerals #CleanEnergyInvestments #TradeWar #UsTradeRepresentative #Exclusions #JanetYellen #EuropeanUnion #ElectricVehicleSubsidies
https://here.news/story/52f5979e?ver=0.44Published at
2024-05-10 22:03:27Event JSON
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"content": "Biden Administration Plans to Restructure Trump's Tariffs on Chinese Imports, Focusing on Strategic Industries\n===============\t\n#52f5979e ver:0.44\n\nThe Biden administration plans to restructure Trump's tariffs on Chinese imports, focusing on strategic industries like electric vehicles and solar components. Tariffs could increase up to 100%. The goal is to protect domestic industries and promote clean energy investments. However, economists warn of potential trade war risks and harm to the US economy. The Office of the US Trade Representative faces a May deadline for tariff exclusions. Treasury Secretary Yellen has discussed concerns with China's non-market practices. The administration also urges the EU to impose tariffs on imported electric vehicles. #TradeWar #CleanEnergy #Tariffs...\n\n#newstr #BidenAdministration #Trump'sTariffProgram #Tariffs #China #UsEconomy #ElectricVehicles #SolarComponents #CriticalMinerals #CleanEnergyInvestments #TradeWar #UsTradeRepresentative #Exclusions #JanetYellen #EuropeanUnion #ElectricVehicleSubsidies \n\n https://here.news/story/52f5979e?ver=0.44",
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