What’s behind the US tariffs on Chinese EVs and what do they mean for Biden’s re-election chances?
by Jonathan Yerushalmy from Economics | The Guardian on (#6MTAN)
Joe Biden announced huge new tariffs on imports from China, in a move that Donald Trump says does not go far enough
Joe Biden has unveiled US tariffs on an array of Chinese imports, unleashing a potential trade war with Beijing, as the president seeks to woo American voters less than six months out from what's set to be a close election rematch with Donald Trump.
The new measures affect $18bn in imports, including steel, aluminium, computer chips, solar cells, cranes and medical products - however it is the 100% tariff on Chinese-made electric vehicles (EVs) that has dominated headlines.
Continue reading...