Tag

Section 301

All articles tagged with #section 301

international-trade1 year ago

China Criticizes US Investigation of Shipbuilding Industry

China strongly opposes the U.S. investigation into its maritime, logistics, and shipbuilding industries, labeling it as a "mistake on top of a mistake." The U.S. Trade Representative initiated the probe, alleging unfair practices by China. President Biden has also called for increased tariffs on Chinese steel and aluminum imports. The move has raised concerns about potential retaliation and escalation in the ongoing trade tensions between the two countries.