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China has announced countermeasures by raising tariffs on U.S. goods from 84% to 125% starting Saturday. This may further worsen the situation for Alabama exports to the communist nation. The U.S China Business Council says Alabama sent $4 billion in consumer products to Beijing in 2024. That doesn’t count $4 million in exported Alabama services that may soon face tariffs as well.
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Alabama exports to China could become more expensive by Thursday. The communist nation says it will impose a thirty four percent tax on all U.S. imports this week. That could hit Alabama hard. The U.S. China Business Council says the state sent over four billion dollars worth of exports to China in 2024. A billion of that was in the form of automobiles and car parts.
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Korean automaker Hyundai says it’s unaware of any evidence of child labor being used at its Alabama parts subsidiary. Smart Alabama is a unit of the Korean automaker. Reuters reported on Friday that the company employed immigrant workers as young as twelve years old.
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Alabama’s commerce secretary says the current rhetoric about tariffs and trade barriers from the White House are hurting investments in Alabama.Commerce…
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Last year was a record year for Alabama’s automotive industry.Alabama Department of Commerce officials say exports of Alabama-made automobiles jumped 13…