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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[–] 11 points 2 years ago (18 children)

Trump would be no better. If I had to make a rough scorecard it would be Biden 55 and Trump about 4.

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  • [+] -8 points 2 years ago (13 children)

    The only two people that exist in the world

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  • [–] 2 points 2 years ago (11 children)

    Welcome to the two-party system. If you’d ever like that to change, you have a better chance of doing that with a democrat majority.

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  • [–] -1 points 2 years ago (10 children)

    why would I have any chance at all with either of the two parties that are perpetuating it?

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  • [+] -1 points 2 years ago* (last edited 2 years ago) (9 children)
  • [–] 0 points 2 years ago (8 children)
  • [+] 0 points 2 years ago* (last edited 2 years ago) (7 children)
  • [–] -1 points 2 years ago (6 children)
  • [+] 0 points 2 years ago* (last edited 2 years ago) (5 children)
  • [–] -1 points 2 years ago (4 children)

    Is germany foolish for having more than two choices?

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  • [+] 0 points 2 years ago* (last edited 2 years ago) (3 children)
  • [–] -1 points 2 years ago (2 children)

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

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  • [+] -12 points 2 years ago (3 children)

    It's sad that you think "Not Biden" defaults to "Trump"

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