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US imposes tariffs on Chinese goods
The US imposes tariffs on a range of goods imported from China, including steel, aluminium and electric vehicles.
From today, a range of Chinese goods entering the US will have to pay steeps tariffs. The Biden administration has imposed a 50% duty on solar cells and 25% on steel, aluminium, EV batteries and key minerals. There is a 100% duty on electric vehicles to protect the American auto industry. So, can the American auto companies fill the gap by making affordable electric cars?
Meanwhile, there is trouble is brewing in the US East coast. Ten of the busiest North American ports are at risk of shutdown next week due to a union strike. And the international gold price recently soared to record highs. How long will the gold boom last?
Last on
Fri 27 Sep 202422:32GMT
BBC World Service except Europe and the Middle East
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- Fri 27 Sep 202421:32GMTBBC World Service Europe and the Middle East
- Fri 27 Sep 202422:32GMTBBC World Service except Europe and the Middle East
