Will Biden Undermine His Own Climate Goals with New Tariffs on Chinese Electric Vehicles?

Seg5 biden evs

We speak with The New Republic's Kate Aronoff about how President Biden has unveiled steep tariff increases on various Chinese imports, including electric vehicles, which will quadruple from the current tariff rate of 25% to 100%. “What you see … is Biden really looking to lean into a really quite hawkish position on China,” says Aronoff. She explains why Biden is caught between insulating the American auto industry from competition and allowing affordable EVs to enter U.S. markets for climate goals. Aronoff says experts say Biden should work with China on this industry and “to not see this as zero-sum competition. We need to build a lot of clean technology. This is a very large pie, and there's no reason why the United States cannot also have a piece of it.”

Full article on the Democracy Now website at http://www.democracynow.org/2024/5/22/tariffs_china

Story imported via RSS from DemocracyNow.org
RSS Article Source: http://www.democracynow.org/2024/5/22/tariffs_china

Democracy Now! produces a daily, global, independent news hour hosted by award-winning journalists Amy Goodman and Juan González. Our reporting includes breaking daily news headlines and in-depth interviews with people on the front lines of the world’s most pressing issues. On Democracy Now!, you’ll hear a diversity of voices speaking for themselves, providing a unique and sometimes provocative perspective on global events. Support Democracy Now: https://www.democracynow.org/

Leave a Reply