Monday , 30 September 2024
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Pres. Biden: China heavily subsidizes products that are dumped in foreign markets

Pres. Biden is addressing the $1 billion of proposed tariffs on China goods saying:

  • China heavenly subsidizes products that are dumped in foreign markets.

Biden announced his hike on tariffs on Chinese EVs, semiconductor chips, batteries, solar cells, steel, aluminum, medical products and port cranes.

It is Biden’s biggest China tariff move yet.

This article was written by Greg Michalowski at www.forexlive.com.

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