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A household using a typical amount of gas and electricity will pay £1,568 a year.
It was one of the final bills to pass before MPs break up ahead of the general election.
The Renters (Reform) Bill would have banned landlords from evicting tenants without a reason.
He previously warned Chinese car makers would "demolish" rivals if there were no trade barriers.
The tech giant is set to manufacture advanced versions of the smartphone in Tamil Nadu state.