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The document discusses the Biden administration establishing a "strike force" to target unfair Chinese trade practices. It will review critical U.S. products like semiconductors and electric vehicle batteries to identify specific violations that have weakened American supply chains. The Department of Commerce may also investigate neodymium magnet imports due to national security concerns. Republicans have vowed to oppose Treasury Secretary Yellen's proposed global tax deal worked out at the G7 summit.
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0% found this document useful (0 votes)
98 views1 page

IG Trading Platform

The document discusses the Biden administration establishing a "strike force" to target unfair Chinese trade practices. It will review critical U.S. products like semiconductors and electric vehicle batteries to identify specific violations that have weakened American supply chains. The Department of Commerce may also investigate neodymium magnet imports due to national security concerns. Republicans have vowed to oppose Treasury Secretary Yellen's proposed global tax deal worked out at the G7 summit.
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We take content rights seriously. If you suspect this is your content, claim it here.
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6/8/2021 IG Trading Platform

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Biden administration sets up 'strike force' to go after China on trade bloomberg.com/news/articles/…
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The United States will target China with a new "strike force" to combat unfair trade practices, the Biden administration said on Tuesday
Shares rolled out findings of a review of U.S. access to critical products, from semiconductors to electric-vehicle batteries.
Open in new window

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our allies and partners," the
official added, noting the strike
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Wall Street donors are continuing
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Citigroup executive Raymond
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twitter.com/i/web/status/1…

CNBC 12:43
@CNBC
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