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Tag: usa china trade

Joe Biden sharply hikes U.S. tariffs on Chinese chips, cars to woo voters in election year

Posted on May 14, 2024 By admin
Joe Biden sharply hikes U.S. tariffs on Chinese chips, cars to woo voters in election year

U.S. President Joe Biden | Photo Credit: Reuters U.S. President Joe Biden on Tuesday unveiled a bundle of steep tariff increases on an array of Chinese imports including electric vehicles, computer chips and medical products, risking an election-year standoff with Beijing in a bid to woo voters who give his economic policies low marks. Mr….

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U.S. Treasury Secretary heads to China to talk trade, anti-money laundering and Chinese ‘overproduction’

Posted on April 4, 2024 By admin
U.S. Treasury Secretary heads to China to talk trade, anti-money laundering and Chinese ‘overproduction’

U.S. Treasury Secretary Janet Yellen is headed to a China determined to avoid open conflict with the United States, yet the world’s two largest economies still appear to be hashing out the rules on how to compete against each other. There are tensions over Chinese government support for the manufacturing of electric vehicles and solar…

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