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US Tariff Increase on Chinese Goods

The US has decided to impose a higher tariff duty on Chinese aluminium in what is likely to be seen as a move to protect American manufacturing in the face of intense pressure from cheap Chinese imports. With trade talks between the two superpowers on-going, this is potentially the first of many trade embargos.

A good article to use to introduce the concept of subsidies, government intervention and globalisation. Click on image to read full article.

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