2024-05-15 06:20:36

US Quadruples Tariffs on Chinese Imports: Impact on EVs and Strategic Industries

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The United States, under President Joe Biden's administration, is significantly increasing tariffs on various Chinese imports like electric vehicles, semiconductors, and solar panels, to safeguard American industries and counter China's unfair trade practices. The move aims to protect strategic sectors such as clean energy and semiconductor production, with tariffs expected to cover imports worth $18 billion.

China has threatened retaliation, calling for the US to reverse the decision, while Biden's stance reflects a tough-on-China approach to prevent the flooding of the US market with surplus goods. The European Union is also feeling pressure to address Chinese EV subsidies following Biden's tariff plans, signaling a broader global impact of these trade measures.

EL PAÍS
14. Mai 2024 um 12:13

United States quadruples tariffs on imports of chips and electric vehicles from China

Economy
Politics
Technology
The Joe Biden administration is quadrupling tariffs on imports of electric vehicles and other products from China, such as photovoltaic panels, semiconductors, and port cranes, with the aim of protecting the US industry and combating China's unfair trade practices. These measures are expected to affect imports from China worth a total of $18 billion. In addition, the United States will also increase tariffs on lithium-ion batteries, solar panels, and other Chinese products in the coming years.
New York Times - Business
14. Mai 2024 um 19:54

Biden Will Raise Tariffs on Chinese Electric Vehicles, Chips and Other Goods

Politics
Technology
Economy
Finance
President Biden announced an increase in tariffs on Chinese imports, including electric vehicles, solar cells, semiconductors, and advanced batteries, to protect American industries from unfair competition. He also endorsed maintaining tariffs on over $300 billion worth of Chinese goods implemented by the previous administration. The move reflects Biden's tough-on-China stance and aims to focus on strategic sectors like clean energy and semiconductors.
The Guardian
15. Mai 2024 um 02:23

What’s behind the US tariffs on Chinese EVs and what do they mean for Biden’s re-election chances?

Politics
Economy
US President Joe Biden has imposed tariffs on Chinese imports, including a 100% tariff on Chinese-made electric vehicles, as part of efforts to protect American jobs and industries. The tariffs aim to prevent the dumping of cheap, subsidised Chinese goods that could undercut US government investments in key manufacturing sectors. The move is seen as a preventive measure to stop China from flooding the US market with surplus products.
Kinh doanh - VnExpress
15. Mai 2024 um 00:56

China Threatens Retaliation to US Tariff Increase on $18 Billion of Goods

Politics
Economy
China has called on the US to revoke its decision to increase tariffs on $18 billion worth of Chinese goods, threatening to take measures to protect its interests. The US announced a significant increase in tariffs on various imports from China, including electric vehicles, computer chips, and medical products. China has voiced its opposition and demanded that the US rectify its actions and cancel the additional tariffs.
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