_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 sakib 100 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: 235K times
✓ Published: 15-May-2024
👁 View: 235K 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
_shakib-al-hasan39s-93-runs-against-ireland-124124-1st-odi-124124-ireland-tour-of-bangladesh-2023.webp "Rabbitholebd Sports")
⏲ 3 minutes 18 seconds 👁 178.7K
_stellantis-partners-with-leapmotor-to-expand-global-export-of-chinese-made-electric-vehicles.webp "Automaker Stellantis will rapidly expand exports of electric vehicles made by Chinese company Leapmotor through a new joint venture. Starting in September, Leapmotor EVs will be sold through Stellantis' distribution networks in Europe, the Middle East, Africa, India, Asia Pacific, and South America. The partnership does not currently include sales in the US due to new tariffs increasing duties on Chinese-made EVs to 100%. At least six Leapmotor EV models will be exported through the venture by 2027, complementing Stellantis' existing lineup.")
⏲ 0:37 👁 335K
_sakib-al-hasan-100-wicked-20t-cup-and-1000-runs.webp "Dirilis: Ertugrul")
_124-prithi-ron-124.webp "Prithi Mondal")
⏲ 10 minutes 1 second 👁 54.2K
_124-bangla-movie-124-maruf-124-sahara-124-samrat-124-rajjak-124-notun-124-ishita-124-ratna.webp "NN Movie House")
⏲ 40 minutes 58 seconds 👁 6.1K
_live-muqabla-saqib-ali-sabri-124124-zara-disco-124124-gendhariya-wedding-program.webp "Star Muqabla")
⏲ 5 hours 19 minutes 9 seconds 👁 5K
_amazon-web-services-ceo-adam-selipsky-to-step-down.webp "Adam Selipsky, CEO of Amazon Web Services, will resign on June 3rd after an 18-year tenure. Matt Garman, AWS' current sales and marketing leader, will replace Selipsky as the new CEO of AWS. Selipsky had been at AWS since the early days and helped turn it into a major enterprise. AWS performed well in its last quarter and investors will want Garman to continue driving growth. The leadership transition comes as AWS approaches $100 billion in annual revenue.")
_saqib-sameer-124-imran-ashraf-124-mazaq-raat-season-2-124-ep-117-124-honey-albela-124-sakhawat-naz.webp "Mazaq Raat Show Official")
⏲ 33 minutes 44 seconds 👁 73.3K
_shakib-al-hasan39s-93-runs-against-ireland-124124-1st-odi-124124-ireland-tour-of-bangladesh-2023.jpg)
_stellantis-partners-with-leapmotor-to-expand-global-export-of-chinese-made-electric-vehicles.jpg)
_sakib-al-hasan-100-wicked-20t-cup-and-1000-runs.jpg)
_124-prithi-ron-124.jpg)
_124-bangla-movie-124-maruf-124-sahara-124-samrat-124-rajjak-124-notun-124-ishita-124-ratna.jpg)
_live-muqabla-saqib-ali-sabri-124124-zara-disco-124124-gendhariya-wedding-program.jpg)
_amazon-web-services-ceo-adam-selipsky-to-step-down.jpg)
_saqib-sameer-124-imran-ashraf-124-mazaq-raat-season-2-124-ep-117-124-honey-albela-124-sakhawat-naz.jpg)
![[+]](/images/menu.gif){kind=small}