What type of product was allegedly flooded into the US market?
U.S. Charges Chinese Billionaire With Evading Aluminum Tariffs
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The video discusses a case from 2011 involving Zhang Wang, accused of flooding the US market with extruded aluminum. This has led to legal actions by the Justice Department, causing a stock collapse. The case's impact on markets is uncertain, but it raises concerns about escalating trade tensions between China and the US, especially during sensitive trade talks.
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What concerns arise when an individual company is implicated in trade protocol breaches?
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