Tag: Inflation Reduction Act.
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US mulling to increase tariffs threefold on Chinese steel, aluminum imports
The White House announced on 17 April, 2024 that it will ask the Office of the United States Trade Representative (USTR) to triple the tax rate under “Trade 301” on steel and aluminum imported from China. On the same day, the USTR announced that it would begin a study of China’s shipbuilding, shipping, and logistics.…