USTR Delays Decision on Tariff Modifications for Chinese Imports

Reported about 1 month ago

The U.S. Trade Representative has postponed the announcement regarding new tariffs on Chinese electric vehicles, batteries, semiconductors, and solar cells, citing the need to review over 1,100 public comments. The announcement, originally due on August 1, is now expected in the coming days. The decision comes amid ongoing discussions between U.S. and Chinese officials and will potentially affect the Biden administration's trade stance as the presidential campaign heats up.

Source: YAHOO

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