US complains China hurts shipbuilding, steel firms
Summary by Asia Times
The Biden administration has unveiled a series of new measures to try to protect the United States’ shipbuilding and steel industries from being eroded by Chinese overcapacity and non-market investments. One of the measures is a newly-initiated investigation, under section 301 of the Trade Act, of China’s maritime, logistics and shipbuilding sectors. Another, still at […] The post US complains China hurts shipbuilding, steel firms appeared first…
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Asia Times
US complains China hurts shipbuilding, steel firms
The Biden administration has unveiled a series of new measures to try to protect the United States’ shipbuilding and steel industries from being eroded by Chinese overcapacity and non-market investments. One of the measures is a newly-initiated investigation, under section 301 of the Trade Act, of China’s maritime, logistics and shipbuilding sectors. Another, still at […] The post US complains China hurts shipbuilding, steel firms appeared first…