"Biden Proposes Tripling Tariffs on Chinese Steel Imports"

1 min read
Source: Financial Times
TL;DR Summary

President Joe Biden has proposed tripling tariffs on Chinese steel in an effort to address the issue of overcapacity and unfair trade practices, signaling a tougher stance on trade with China. This move is part of the administration's broader efforts to bolster domestic manufacturing and protect American industries from what it sees as unfair competition.

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