
US Tariff Hike Sparks Industry Concerns Over Chinese Imports 📈
The US finalized major tariff hikes on products from the Chinese mainland, sparking industry concerns over supply chains and economic impact.
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The US finalized major tariff hikes on products from the Chinese mainland, sparking industry concerns over supply chains and economic impact.
Tesla requested Canada to lower tariffs on its China-made electric vehicles before Ottawa imposed a 100% duty, aiming to keep prices accessible for EV enthusiasts.
NextEra CEO Rebecca Kujawa warns that President Biden’s proposed tariffs on Chinese clean energy tech could raise costs and hinder the U.S.’s green transition goals.
China slams new U.S. tariffs as a “lack of confidence,” warning that the move violates WTO rules and will hurt businesses and consumers on both sides. What’s next in this trade showdown?
China’s Ministry of Commerce strongly opposes the U.S. decision to hike tariffs on Chinese imports like EVs and semiconductors, urging immediate correction.