International Economic

Biden administration to hike tariffs on $18bn of Chinese goods

By Josh White

Date: Tuesday 14 May 2024

(Sharecast News) - The Biden administration announced significant tariff increases on $18bn worth of Chinese imports overnight on Monday, targeting sectors such as electric vehicles (EVs), solar panels, steel, aluminium, and more.
According to CNBC, the hikes are set to take effect this year, and were introduced as part of an...

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