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.

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[–] 6 points 2 years ago (3 children)

GM and Ford manufacture in China. It doesn’t affect American designed and Chinese produced vehicles, only companies that are based in China.

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  • [–] 15 points 2 years ago

    These “free market” arguments keep missing the key detail. Reading is hard.

    subsidised Chinese goods

    I don’t remember China subsidizing American products and then shipping them back to us.

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