China Criticizes U.S. Investigation of Shipbuilding Industry

1 min read
Source: CNBC
China Criticizes U.S. Investigation of Shipbuilding Industry
Photo: CNBC
TL;DR Summary

China strongly opposes the U.S. investigation into its maritime, logistics, and shipbuilding industries, calling it a "mistake on top of a mistake" and urging the U.S. to respect multilateral rules. The U.S. Trade Representative initiated the probe, alleging unfair practices by China, while President Biden has called for tariff hikes on Chinese steel and aluminum imports. The investigation comes amid growing tensions over trade practices, with experts suggesting that it could lead to further retaliation between the two countries.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

2 min

vs 3 min read

Condensed

85%

51679 words

Want the full story? Read the original article

Read on CNBC