Joe Biden unleashed fresh tariffs on billions of dollars of Chinese goods on Tuesday, sharply raising the levies on clean energy imports including solar parts and electric vehicles.
It was a move designed to appeal to blue-collar voters in America’s electoral swing states — but one that will have ramifications far beyond the US, raising fears of deepening trade tensions between the world’s two economic superpowers.
The US president is not only keeping the tariffs on $300bn worth of Chinese goods that his predecessor Donald Trump imposed as part of his trade war against Beijing in 2018 but adding more, targeting strategic industries.
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