The High Cost of Cheap Chinese Imports

By Mish Shedlock China is going all in on exports to revive growth led by EVs. Trump vows to strike back with 60% tariffs. Accelerated Global Trade War The Wall Street Journal comments China Is Starting a New Trade War. China is cranking up its massive export machine again, and this time there’s nowhere for competitors to hide. A Massachusetts startup called CubicPV bet on silicon wafers, a high-tech component in solar panels. Buoyed by President Biden’s climate legislation enacted two years ago, with billions of dollars in tax credits…