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China’s explosive export growth Vs America export growth

Last month, President Joe Biden announced fresh tariffs against Beijing’s advanced products, including quadrupling the duties on Chinese electric vehicles. Last week, tariffs resumed on Chinese-made solar panels coming through Southeast Asia after a brief moratorium. For an economy increasingly needing alternatives to domestic consumers, Beijing is pinning its hopes for economic growth on foreign buyers. Chinese exports jumped above forecasts in May as the second-largest economy leans more and more on foreign markets to boost growth. Is America losing for sanctioning China ?

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