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US launches probe into ‘unfair’ Chinese shipbuilding practices

US launches probe into 'unfair' Chinese shipbuilding practices
Source: Pixabay

US President Joe Biden on Wednesday urged a tripling of tariffs on Chinese steel and aluminum, citing “unfair competition” as he seeks to win blue-collar votes in November’s election.

“Chinese policies and subsidies for their domestic steel and aluminum industries mean high-quality US products are undercut,” said the White House, adding that the US Trade Representative is also launching a probe into China’s trade practices in the shipbuilding, maritime and logistics sectors.

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AFP

Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.







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