New round of trade war between America and China

A new round of trade war between Washington and Beijing - from January 1, 2025, the U.S. will raise duties on Chinese imports... The measures will affect shipments of a certain number of products...

Duties on components of solar cells and microchips, such as poly-silicon and silicon wafers, will rise by 50 percent... And tariffs on tungsten products, including wafers and foil, will increase by 25 percent...

According to a document from the U.S. Trade Representative's office, reliance on imports from China leaves U.S. supply chains vulnerable. And with the imposition of duties, Washington is trying to support American manufacturing and industrial development.