White House levy to protect US makers from cheap imports likely to inflame trade tensions

White House levy to protect US makers from cheap imports likely to inflame trade tensions

The US president, Joe Biden, has announced a 100% tariff on Chinese-made electric vehicles as part of a package of measures designed to protect US manufacturers from cheap imports.

In a move that is likely to inflame trade tensions between the world’s two biggest economies, the White House said it was imposing more stringent curbs on Chinese goods worth $18bn.

Sources said the move followed a four-year review and was a preventive measure designed to stop cheap subsidised Chinese goods flooding the US market and stifling the growth of the American green technology sector.

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Despite the risks of retaliation from Beijing, Biden said the increased levies were a proportionate response to China’s overcapacity in the EV sector. Sources said China was producing 30m EVs a year but could sell only 22-23m domestically.

  • @blazeraEnglish
    -1•29 days ago

    Theres not only two choices

      • @blazeraEnglish
        -1•29 days ago

        Is germany foolish for having more than two choices?

          • @blazeraEnglish
            -1•29 days ago

            They had an actual dictator and now theyre putting our democracy to shame. American voters are pathetic

            • @[email protected]English
              0•29 days ago

              Look up first past the post voting versus ranked choice voting. The system here is broken by design, it needs to be rebuilt from the ground up, but this year we have to defend against more attempts at authoritarian takeover and the loss of what little democracy we have here. It’s a serious fucking situation not time to pine for what could have been. If you want real democracy to ever have a chance here first you have to defeat those trying to kill it entirely.

              • @blazeraEnglish
                -1•29 days ago

                Im well aware of ranked choice voting, the candidate im voting for has it in their campaign platform. It doesnt just manifest out of thin air.