Why is Biden rising the commerce battle with China? | Enterprise and Economic system

Adeyemi Adeyemi

World Courant

The US imposes tariffs on Chinese language items and Beijing launches an anti-dumping investigation in response.

Chinese language imports have helped drive down the price of merchandise like video video games, T-shirts and residential home equipment in the USA. However many American factories say these imports have put them out of enterprise and value greater than one million folks their jobs.

President Joe Biden says he won’t enable China to “unfairly management the market.”

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Forward of the November election, he sharply elevated tariffs on Chinese language imports starting from electrical automobiles to photo voltaic cells to guard American industries and staff.

Beijing has launched an anti-dumping investigation in response.

And the Cuban sugar business is in disaster.

As well as, the world is dealing with shortages of essential minerals.

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Why is Biden rising the commerce battle with China? | Enterprise and Economic system

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