The Biden administration recently imposed tariffs on Chinese imports valued at $18 billion, focusing on sectors such as electric vehicles, solar panels, and ...
valued at $18 billion, focusing on sectors such as electric vehicles, solar panels , and steel. US Secretary of the Treasury Janet Yellen discussed these measures in an exclusive interview with Yahoo Finance'sto support industries that should maintain"a base of activity in the United States.
And I'm thinking, particularly of semiconductors and also clean energy related, um, items, whether it's electric vehicles, batteries, solar panels, um, wind turbines.And China is following a strategy in which they are heavily subsidising their industry to build capacity, and they've invested to the point of massive overcapacity.
And so we wanna protect, uh, this aspect of, um, our industry from what really amounts to Chinese dumping. But President Biden is not proposing to put any broad based tariffs, um, in place, um, doesn't see that as a strategy that's, uh, desirable.Newsmax Slaps Very Awkward Note On Screen During Donald Trump InterviewMonica Lewinsky said she hopes Judge Aileen Cannon, who is overseeing former President Donald Trump’s classified documents case, is impeached.
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