White House levy to protect US makers from cheap imports likely to inflame trade tensions

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.

…

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.

  • Tiefling IRL
    2•6 months ago

    I’m thinking of getting a smart car for city driving since I often have to haul gear from one borough to another, but REALLY don’t want a traditional car, much less an SUV. They seem so much easier to find parking for

    • JJROKCZ
      1•6 months ago

      If you’re talking about the smart brand car i wouldn’t, they’ve been discontinued in the US so maintenance on them is going to be difficult and expensive.

      If you’re American that is, assuming you’re a New Yorker based on usage of borough lol

      • Tiefling IRL
        1•6 months ago

        Are there any other cars that small? The only reason I’m considering in the first place is because of its size. I really fucking hate traditional cars otherwise. I also see them all over the city.

        • JJROKCZ
          1•6 months ago

          Not that are sold in the US and import/conversion prices are insane. Unfortunately most of our countrymen love massive vehicles so that’s what is sold here, plus the car companies lobbied to have emissions testing be more lenient for massive vehicles