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US-China trade war heats up with fresh tariffs
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The US has proposed further increases for tariffs on imports of Chinese semiconductors, electric vehicles (EVs), steel and batteries. The White House announcement on May 14, 2024, drew a swift rebuke from Beijing. China said the “political” decision will erode already frayed ties between the world’s two largest economies.
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The US has proposed further increases for tariffs on imports of Chinese semiconductors, electric vehicles (EVs), steel and batteries. The White House announcement on May 14, 2024, drew a swift rebuke from Beijing. China said the “political” decision will erode already frayed ties between the world’s two largest economies.
Support us:
Follow us on:
#scmp #World #US-Chinatradewar
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