_president-biden-takes-tough-stance-on-china-with-new-tariffs-on-electric-vehicles.jpg "President Biden Takes Tough Stance on China with New Tariffs on Electric Vehicles from father of internet tim Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:45
👁 View: 1.1M times
✓ Published: 15-May-2024
👁 View: 1.1M times
✓ Published: 15-May-2024
Description:
President Biden announced new tariffs on Tuesday that will increase the tariff on Chinese electric vehicles to 100% from the current 25%. Tariffs on solar cells from China will double to 50% and tariffs on certain steel and aluminum products will more than triple to 25%. Tariffs on Chinese semiconductors will increase from 25% to 50%. The new tariffs protect U.S. businesses and workers from cheap Chinese imports that negatively impact American companies. The administration says the tariffs result from a review finding that China continues unfair trade practices. There are also some national security concerns about internet-connected vehicles and devices from China being used for hacking or spying.
President Biden announced new tariffs on Tuesday that will increase the tariff on Chinese electric vehicles to 100% from the current 25%. Tariffs on solar cells from China will double to 50% and tariffs on certain steel and aluminum products will more than triple to 25%. Tariffs on Chinese semiconductors will increase from 25% to 50%. The new tariffs protect U.S. businesses and workers from cheap Chinese imports that negatively impact American companies. The administration says the tariffs result from a review finding that China continues unfair trade practices. There are also some national security concerns about internet-connected vehicles and devices from China being used for hacking or spying.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_inventor-of-the-internet-says-39it39s-not-what-we-wanted39-30-years-later.webp "Global News")
_tim-berners-lee-how-this-guy-invented-the-world-wide-web-30-years-ago.webp "DW Shift")
⏲ 5 minutes 57 seconds 👁 48.5K
_the-damned-movie.webp "THE DAMNED Movie Trailer HD - A film by Roberto Minervini - Plot synopsis:Winter 1862. In the midst of the Civil War, the US Army sends a company of volunteer soldiers to the western territories, with the task of patrolling the unchartered borderlands. As their mission ultimately changes course, the meaning behind their engagement begins to elude them.<br/><br/>Starring Jeremiah Knupp, René W. Solomon, Cuyler Ballenger, Noah Carlson, Judah Carlson, Tim Carlson.<br/><br/>THE DAMNED, the new film by acclaimed director Roberto Minervini, presented on Thursday, May 16thin Official Selection - Un Certain Regard at the Cannes .")
_tim-berners-lee-m-i-t-father-of-the-world-wide-web.webp "heikoxxxxxx")
_inventor-of-the-internet-says-39it39s-not-what-we-wanted39-30-years-later.jpg)
_tim-berners-lee-how-this-guy-invented-the-world-wide-web-30-years-ago.jpg)
_the-damned-movie.jpg)
_tim-berners-lee-m-i-t-father-of-the-world-wide-web.jpg)
![[+]](/images/menu.gif){kind=small}