President Biden announced new tariffs targeting industries key to his economic agenda, like electric cars and solar energy, building upon Trump-era measures.
The new duties will apply to about $18 billion of annual Chinese imports, with tariffs escalating on electric vehicles, solar cells, semiconductors, and more.
Biden is strategically focusing on specific sectors like chips and clean energy, contrasting Trump's broad trade barriers, while aiming to cultivate allies and prevent a broader anti-China stance.
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