Gala 2024
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New US Tariff Hikes Will Strain the Bilateral Relationship
Key Takeaways
- USTR plans to levy tariffs against a range of “strategic” goods from China.
- The forthcoming tariffs and USTR findings of state-sponsored forced technology transfer follow nearly six months of more constructive dialogue between the two governments.
- An economic slowdown and weak business sentiment in China will factor into Beijing’s response.
