أخبار العالمالجزيرة

Why is Biden ratcheting up the trade war with China?

Counting the Cost

Why is Biden ratcheting up the trade war with China?

US slaps tariffs on Chinese goods, and Beijing launches an anti-dumping inquiry in response.

Chinese imports have helped push down the cost of products like video games, T-shirts and home appliances in the United States. But many American factories say these imports have driven them out of business and cost more than a million people their jobs.

President Joe Biden says he will not allow China to “unfairly control the market”.

Keep reading

list of 4 itemsend of list

In the run-up to November’s elections, he has sharply raised tariffs on Chinese imports ranging from electric vehicles to solar cells to protect American industries and workers.

Beijing has launched an anti-dumping investigation in response.

And Cuba’s sugar industry is in crisis.

Plus, the world faces shortages of critical minerals.

Published On 23 May 202423 May 2024

For more details: Read More

مقالات ذات صلة

زر الذهاب إلى الأعلى