THE US Biden administration is sharply raising tariffs on Chinese imports, ranging from electric vehicles to solar cells, in a pre-election effort to protect US jobs, reports London’s Financial Times. The White House said US$18 billion of Chinese goods would be hit by the rises, which were ‘carefully targeted at strategic sectors’ and designed to buy time for US companies to catch up with Chinese rivals in green technology. In one of the biggest moves, the US will quadruple the tariff on...
https://www.seanews.com.tr/us-raises-chinese-tariffs-to-buy-time-to-catch-up-in-green-tech/200373/