Pennsylvania Business Report
U.S. unveils increased trade tariffs on Chinese imports, including steel
The Biden administration on Tuesday said it plans to maintain current tariffs and increase others on $18 billion in imports from China under Section 301 of the Trade Act of 1974. Many of the tariff increases — which are substantial and will take effect before the end of the year — are designed to encourage the elimination of China’s unfair technology transfer-related policies and practices that continue to burden U.S. commerce and harm American workers and businesses, according to U.S. ...
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