The U.S. has increased steel tariffs on China to 50% and aluminum tariffs to 25%—effective immediately. Biden’s trade crackdown targets $18 billion in imports, giving Beijing until 2025 to reform or face further action. China vows retaliation as the 2024 election pushes both parties toward hardline policies.
✍️This moment has been recorded on #HistoryDAO.
Mint Link: https://t.co/3KoBsSk5Tq
#TradeWar #USChina #Tariffs #Economy $HAO