War on the horizon: America strikes China?
B92 15.11.2024 | Tanjug
US President Joseph Biden's trade negotiator Katherine Tai said the targeted tariffs are necessary to protect the United States from massive imports of Chinese products, ranging from cars to semiconductors.
She emphasized that import duties on selected products, in areas where the US wants to attract investment, are a defense of the US plan to prevent another "China shock", reported Bloomberg. The US agency states that the term refers to "the economic and social chaos that followed China's entry into the World Trade Organization in 2001, which devastated the clothing, electronics, machinery and furniture industries, resulting in the loss of millions of jobs in the
