The United States should immediately lift all tariffs on Chinese goods, the Chinese commerce ministry said on Thursday, ahead of an announcement by the Biden administration on expected hikes in levies on Chinese-made items, including electric vehicles.
The U.S. is expected to make its final determination in the coming days after delaying a decision twice, as it continued to review proposed modifications to levies on Chinese goods imposed under former president Donald Trump in 2018 and 2019.
Initially, the higher duties of 100% on EVs, 50% on semiconductors and solar cells, and 25% on lithium-ion batteries and key minerals, steel and aluminium, ship-to-shore cranes and syringes were due to take effect on Aug. 1.
@ISIDEWITH2 สัปดาห์2W
If you were in charge of making this decision, would you lift the tariffs, and what key factors would guide your choice?
@ISIDEWITH2 สัปดาห์2W
Should the focus on economic benefits override concerns about how countries manage human rights and environmental issues?
