Tag: goods
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Biden’s new tariffs on Chinese goods are mostly symbolic. Here’s why.
New U.S. tariffs on $18 billion in Chinese goods take effect Friday as trade tensions intensify between the world’s two largest economies. The tariffs affect 14 categories of Chinese goods including green technology such as electric vehicles, solar panels and EV batteries — sectors that Beijing has prioritized as it tries to dig out from…
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The U.S. is cracking down on cheap Chinese goods loved by American shoppers
SHENZHEN, China — Chinese vendor Yin Xinwei sometimes makes close to $1,400 a day selling low-priced pill boxes, barbecue spits and other items to U.S. online consumers. The future of that business, and the bargain prices enjoyed by his American customers, is now in question amid a looming U.S. regulatory change aimed largely at two…