Yang Dong/VCG via Getty ImagesSome of China’s biggest automakers are looking to skirt United States tariffs and flood the nation’s auto market with cheap Electric Vehicles — a move that would further crush American auto workers and the domestic plants where they work.to use the little-known Duty Drawback Program to “recoup import duties and the 25 percent U.S. tariff assessed on the Chinese-made Volvo EX30 crossover and Polestar 2 sedan against exports of the U.S.
Dr. Kent Kaiser, executive director of Trade Alliance to Promote Prosperity, detailed to Breitbart News how many Chinese companies already circumvent United States tariffs and thus dump highly-subsidized cheap products in the market. “Amid China’s growing global aggression, preserving tariff integrity is imperative,” Kaiser said. “Ensuring vigilant oversight and enforcement … is essential to protect Americans. Federal agencies have acted on such cases before, but more must be done to ensure violators of U.S law face consequences.
Colombia Últimas Noticias, Colombia Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fuente: Investingcom - 🏆 450. / 53 Leer más »