Biden Eyes Chinese Shipbuilding Subsidies as Tensions Simmer
- Washington to look at USW petition calling out ship subsidies
- China’s role as shipbuilding leader is latest trade war front
A ship under construction in Yangzhou, Jiangsu Province.
Photographer: Meng Delong/VCG/Getty Images
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US President Joe Biden pledged to look into a petition from a group of unions asking his administration to review China’s subsidies for shipbuilders, as tensions between the world’s two largest economies simmer on trade during a critical American election year.