Us tariff articles
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US hikes tariffs on US$18 billion of China imports, including electric vehicles and chips
By Beiyi Seow The United States is hiking tariffs on US$18 billion worth of imports from China, targeting strategic sectors like electric vehicles, batteries, steel and critical minerals, the White House said Tuesday. The decision comes as President Joe Biden gears up for a re-run of his 2020 contest with Republican rival Donald Trump in […]
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Tariffs make us poorer -- the rest is semantic
A tariff is a tax on imports. Taxes make us poorer. There has been a public debate among some economists as to whether the effects of tariffs are inflationary.
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Comparing New And Current US Tariffs On Chinese Imports
Comparing New And Current US Tariffs On Chinese Imports This week, the U.S. introduced a new series of tariff increases on Chinese imports, amounting to over $18 billion worth of goods. In the announcement, President Biden said they are aiming to “counter China’s unfair trade practices” by targeting specific sectors where the U.S. is boosting domestic production. This graphic, via Visual Capitalist's Kayla Zhu, shows the new and current U.S. tariff rates set on a variety of...