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18 Apr
19:47

China urges 'fair competition’ following Biden’s tariff proposal

Responding to President Joe Biden's call for trebling Section 301 tariffs, China urges the US to adhere to its World Trade Organisation (WTO) fairness obligations, Kallanish learns from remarks issued by the China Ministry of Foreign Affairs The reaction follows Biden's instructions for US trade representative Katherine Tai to consider a three-fold increase on the existing 7.5% tariff rate on Chinese steel and aluminium. This would come through a…
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