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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