6min chapter

Bloomberg Daybreak: Asia Edition cover image

Biden Unveils China Tariffs, Alibaba & Tencent Earnings

Bloomberg Daybreak: Asia Edition

CHAPTER

Implications of President Biden's Tariff Announcement on US-China Relations and International Markets

This chapter analyzes the effects of President Biden's decision to increase tariffs on Chinese imports, highlighting the strain it adds to the already tense US-China relationship. It explores the political nuances behind these tariffs, China's strategies to address overcapacity, and the potential impact on global trade amidst upcoming US elections and concerns over Taiwan's status.

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