President Biden's new tariffs on Chinese goods, particularly electric vehicles (EVs), are estimated to raise about $15 billion. The tariffs are set to quadruple duties on EVs from companies like BYD, Geely, and NIO in 2024. Critics argue that the tariffs coupled with EV mandates could harm American consumers and climate crisis mitigation efforts. The Biden administration's move has sparked concerns among American politicians and experts about the economic impact and effectiveness of the tariffs.
🗞️ With the Biden administration’s 100% tariffs on Chinese EVs, these vehicles are effectively blocked from entry into the US market. https://t.co/LBTWRSbcte https://t.co/inqjlVmuBA
The tariff conversation is back - with news that President Biden plans to increase taxes on $18B of Chinese goods. @MickMulvaney and @HeidiHeitkamp weigh in. https://t.co/rJ5ImdUzJq
Biden’s so-called green energy agenda has the U.S. crippling its own energy infrastructure while becoming increasingly dependent on China. His latest EV tariffs do almost nothing to change that. @AJ_Harding1 https://https://t.co/EbZ3ZnxNEM
🔥Senator @JDVance1 says Biden’s focus on green energy hurts the ‘industrial heartland’ “Does it help steelmakers? Does it help natural gas workers? Does it help the heart of the American economy? The answer is no.” https://t.co/zhzs9ztAn4
.@MaxBoot As China ramps up disinformation, the U.S. is far too vulnerable. @washingtonpost https://t.co/JF7XmTQ1Ie
Biden's EV tariffs were the inevitable next misstep in a cascade of dumb industrial policy decisions, says @clive_crook https://t.co/oB7BvMiLza
"U.S. Tariffs Close Off the Easiest Route to Affordable EVs: President Biden’s additional tax on Chinese batteries could hit Tesla and Ford’s cheapest electric vehicles" https://t.co/dW5oRE9ShK https://t.co/y7o9yWu9Rn
Biden's EV tariffs were the inevitable next misstep in a cascade of dumb industrial policy decisions, says @clive_crook https://t.co/cSPUUNZQPl via @opinion
President Joe Biden announced Tuesday a sweeping array of new tariffs on Chinese goods that will raise duties on $18 billion in Chinese imports across an array of sectors, from steel to semiconductors to medical products. https://t.co/vcMW8nZH0O
The Biden administration’s 100% tariffs on Chinese EVs are bad policy and worse leadership. Officials could have made a rigorous case for tariffs on Chinese EVs. Instead they covered their protectionist aims with a fig-leaf https://t.co/V6c2JAoeta 👇
"Beyond tariffs, US economic strength is key to containing China" (@TheHillOpinion) https://t.co/HhSanmwCVH https://t.co/ZDfwbOVnY1
.@Menloferry spoke with NTD about the Biden administration’s tariffs on #EVs, how the United States would combat #China’s efforts to circumvent the tariffs, and what the United States should be doing to rebuild its economy. https://t.co/XWZzZww2Ky
Biden's Tariffs Are Bad. Biden's Tariffs Coupled With EV Mandates Are Even Worse. https://t.co/oGyV5Xire4
American politicians from both parties have concerns about Chinese goods. But the Biden administration’s tariffs on Chinese EVs are a blunt tool for dealing with them—and will bring economic harms to America and the world https://t.co/cIVi1rAANu 👇
"Instead of raising tariffs on low-quality Chinese EVs Americans don’t want anyway, Biden should repeal his EV mandate, freeing consumers to buy the cars they want, and repeal his EV subsidies, allowing for tax relief for families." -@DCExaminer Editorial https://t.co/lbE8qiBOQx
.@EdwardGLuce argues that with his tariffs on Chinese electric vehicles, batteries and solar panels, Biden is: 1) imposing greater costs on middle-class American consumers; 2) weakening his climate crisis mitigation efforts, all for an election-year play. https://t.co/miTIZP1gNL
Biden Plans Tariffs on Chinese Electric Vehicles https://t.co/eCw8iEdcyC
The big headline from President Biden’s new tariffs on Chinese goods announced Tuesday was the massive hit to EVs made in China. New duties on EVs from companies like BYD, Geely, and NIO are set to quadruple in 2024. https://t.co/4veSGqEUg7 https://t.co/swggF2JkzL
Biden’s Tariffs Are Bad. Biden’s Tariffs Coupled With EV Mandates Are Even Worse https://t.co/idYuun7kwU
Just one company sells Chinese-made EVs in the U.S. Here’s how it’s navigating Biden’s new tariffs. https://t.co/7uLFltvimH
🚨NEW ESTIMATE🚨 President Biden's new China tariffs will raise about $𝟏𝟓 𝐛𝐢𝐥𝐥𝐢𝐨𝐧. https://t.co/DM8UK1l0Bl
🚨NEW @BudgetHawks ESTIMATE🚨 President Biden's new China tariffs will raise about $𝟏𝟓 𝐛𝐢𝐥𝐥𝐢𝐨𝐧. https://t.co/DM8UK1l0Bl