US trade chief defends tariff hikes when paired with investment

US trade chief defends tariff hikes when paired with investment

US trade chief defends tariff hikes when paired with investment …C0NTINUE READING HERE >>>

US Trade Representative Katherine Tai told AFP tariff hikes on Chinese goods aim to help clean energy investments “take root.”.
Photo: Richard PIERRIN / AFP
Source: AFP

US Trade Representative Katherine Tai defended stiff tariff hikes against countries like China, arguing that paired with investment, they were a “legitimate and constructive” tool for re-invigorating domestic industries.

Tai’s comments to AFP come a week after sharp tariff increases on Chinese electric vehicles, EV batteries and solar cells took effect — with levies down the line on other products also recently…

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