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.
The only two people that exist in the world
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.
why would I have any chance at all with either of the two parties that are perpetuating it?
So what’s your plan?
Voting
How is voting going to help if the only two choices you have to vote for won’t solve the problem? What is voting specifically going to do to fix the problem as you see it?
Theres not only two choices
Foolishness
Is germany foolish for having more than two choices?
You can vote for me and I wouldn’t mess it up as much as Biden or especially Trump. But 2 votes aren’t enough to beat millions.