汉字News

← 汉字News
Chinese News for Learners
commerce
shāng yè
商业
·HSK 6

US trade frictions with China escalate again
měiguó duì huá màoyì móca zài dù shēngjí
美国对华贸易摩擦再度升级
。

Biden administration announced major new tariffs on Chinese goods in May 2024
báidēng zhèngfǔ zài èr líng èr sì nián wǔ yuè xuānbù duì zhōngguó shāngpǐn shíshī zhòngdà xīn guānshui
拜登政府在二零二四年五月宣布对中国商品实施重大新关税
。

May 15, 2024 at 2:00 PM

the US government announced new round of tariffs on Chinese goods in May 2024
měiguó zhèngfǔ zài èr líng èr sì nián wǔ yuè xuānbù le zhēnduì zhōngguó shāngpǐn de xīn yī lún guānshui cuòshī
美国政府在二零二四年五月宣布了针对中国商品的新一轮关税措施
。
this continued and expanded upon Trump era tariff policies
zhè shì duì tèláng pǔ shíqī guānshui zhèngcè de yánxù hé kuòzhǎn
这是对特朗普时期关税政策的延续和扩展
。
new tariffs include 100 percent on electric vehicles
xīn guānshui bāokuò duì diàndòng qìchē zhēngshōu bǎi fēn zhī bǎi de guānshui
新关税包括对电动汽车征收百分之百的关税
。
solar cells were hit with 50 percent tariffs
tàiyáng néng diànchíbǎn de guānshui bèi shèdìng zài bǎi fēn zhī wǔ shí
太阳能电池板的关税被设定在百分之五十
。
steel and aluminum products faced 25 percent tariffs
gāngtiě hé lǚ zhìpǐn de guānshui yě shàntiáo zhì bǎi fēn zhī èr shí wǔ
钢铁和铝制品的关税也上调至百分之二十五
。
lithium batteries and other strategic goods were added to high tariff lists
lǐ diànchí děng guānjiàn zhànlüè xìng shāngpǐn yě bèi lièrù gāo guānshui míngdān
锂电池等关键战略性商品也被列入高关税名单
。
China promptly retaliated
zhōngguó suíjí cǎiqǔ baofù cuòshī
中国随即采取报复措施
。
these events intensified economic decoupling between the two largest global economies
zhè yī xìliè shìjiàn jiājù le liǎng ge quánqiú zuì dà jīngjìtǐ zhījiān de jīngjì fēnhuà
这一系列事件加剧了两个全球最大经济体之间的经济分化
。
given the escalating trade friction
jiànyú màoyì móca de búduàn shēngjí
鉴于贸易摩擦的不断升级
,
global supply chains face restructuring pressure
quánqiú gōngyìng liàn miànlín chóngzǔ yālì
全球供应链面临重组压力
。

New Words

guanshui
关税
tariff
Zhongguo
中国
China
shangpin
商品
goods
diandong qiche
电动汽车
electric vehicles
taiyang neng
太阳能
solar
gangtiě
钢铁
steel
li dianchiba
锂电池
lithium batteries
baofu
报复
retaliate
gongyingliàn
供应链
supply chain
fenhua
分化
decoupling

News in English

Business

US Escalates China Tariffs in 2024

Biden administration announced major new tariffs on Chinese goods in May 2024, including 100 percent on EVs and 50 percent on solar cells.

The US government announced new tariffs on Chinese goods in May 2024.

This action continued and expanded upon Trump-era tariff policies. The new tariffs included 100 percent on electric vehicles and 50 percent on solar cells. Steel and aluminum products faced 25 percent tariffs. Strategic items including lithium batteries were added to high tariff lists.

China promptly retaliated with retaliatory measures. These events intensified economic decoupling between the world's two largest economies. Given escalating trade friction, global supply chains face significant restructuring pressure.

More in Business

artificial intelligence
réngōng zhìnéng
人工智能
revenue / income
shōurù
收入
prospects / outlook
qiánjǐng
前景
to trigger / to cause
yǐnfā
引发
doubts / questions
yíwèn
疑问
,
semiconductor
bàndǎotǐ
半导体
stock price
gǔjià
股价
from
cóng
从
October
shí yuè
十月
peak / high point
gāodiǎn
高点
to retreat / to fall back
huíluò
回落
。

AI Revenue Uncertainty Pulls Semiconductor Stocks Off October Highs

United States
Měiguó
美国
stock market
gǔshì
股市
Friday
zhōuwǔ
周五
strongly / with force
qiángshì
强势
to rebound / to rally
fǎntán
反弹
,
Dow Jones Index
Dào Zhǐ
道指
gained more than
zhǎng chāo
涨超
400 points
400 diǎn
400点
,
to end / to conclude
jiéshù
结束
volatile / turbulent
dòngdàng
动荡
(particle)
de
的
one week
yī zhōu
一周
。

US Stocks Cap Volatile Week With Strong Friday Rally as Dow Gains Over 400 Points

international
guójì
国际
oil prices
yóujià
油价
to maintain / to sustain
wéichí
维持
high level / elevated level
gāowèi
高位
,
Nasdaq (stock exchange)
Nàsīdákè
纳斯达克
index
zhǐshù
指数
Thursday
zhōusì
周四
to close lower / to finish down
shōu diē
收跌
1.3 percent
bǎifēnzhī yī diǎn sān
1.3%
。

Nasdaq Slides 1.3 Percent as Brent Oil Holds Above 100 Dollars

OPEC
Ōu pèi kè
欧佩克
to announce
xuān bù
宣布
November
shí yī yuè
十一月
oil / petroleum
shí yóu
石油
output / production
chǎn liàng
产量
to maintain / to keep
bǎo chí
保持
unchanged
bù biàn
不变
。

OPEC Announces November Oil Output to Remain Unchanged