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The free trade myth: how the US manipulates global markets for economic supremacy

By Jostein Hauge, Assistant Professor in Development Studies, University of Cambridge

US president, Joe Biden, raised tariffs on Chinese-made goods sharply in May, claiming that the “Chinese government has cheated by pouring money into Chinese companies … hurting competitors who play by the rules”. The tariffs are 25% on steel and aluminium, 50% on semiconductors and solar panels, and 100% on electric vehicles.

Under Biden’s presidency the US has embarked on…

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