Tag: tariffs on China
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Economists Criticize Trump’s Tariff Plan, WSJ Reports
The video discusses the widespread criticism from economists regarding President Trump’s tariff plan. It outlines the concerns about the potential negative impacts on the global economy, highlighting how tariffs could lead to increased prices for consumers, retaliatory measures from other countries, and the possibility of a trade war. The analysis also touches on the historical…
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Biden Administration Postpones New Tariffs on Chinese EVs and Other Goods
In a recent development, the Biden administration has decided to delay the implementation of steep tariffs on imports from China, originally set to take effect on August 1st. These tariffs were part of a broader strategy to discourage imports of critical materials and goods from China, aiming to support strategic sectors in the US, such…