The trade war between the United States and China has escalated, once again as US President Joe Biden announces a significant 100% Tariff rise on Chinese Electric Vehicle Imports. This move is part of a larger package of measures aimed at protecting US Local manufacturers from the influx of cheap imports from China, sparking concerns about heightened trade tensions between the two economic giants.Let's delve into the impact and implications of this White House levy, which targets Chinese goods worth $18 billion, and discover its fallout on the international trade industry between China and the USA.
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