Biden’s increased tariffs on China: Yahoo Finance recaps
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- Опубликовано: 9 июн 2024
- President Biden recently announced expanded tariffs on Chinese imports. These include a 100% tariff on EVs, a 50% tariff on solar products, and a 25% tariff on Chinese steel and aluminum. Yahoo Finance also had an exclusive interview with President Joe Biden to ask further questions. Other segments in the recap include guest Pangea Policy Founder Terry Haines and Yahoo Finance reporters.
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#biden #china #yahoofinance
he is doing the exact same thing he criticized trump for doing.
These tariffs will help the local to increase prices and therefore detrimental to US consumers, not Chinese. China can divert to other countries.
the average cost of EVs in the US down past 2-3 years without China. China can NOT divert to other countries because there isn't much EV market outside the EU/US.
Do you mean instead cheap Chinese goods Americans should handle 10 times more expensive American products? so inflation still too low and people can deal more and more inflation? If Americans cannot produce fast just learn from scratch why must cover the truth and attack others? Is this the way to solve problem？
And no worries. No Americans are under delusion that China is pro-consumer.
Tariffs are definitely inflationary!
Americans pay the tariff tax, not the Chinese. And they can sneak those products in through the US' other trading partners.
Yes but if we don’t have a choice. China has built the largest electric car production through government subsidies and they plan on dumping those cars in America. They will run American ev makers out of business.
@@jfarm30US subsidies too. But still lost.
@@jfarm30maybe US evs should be out of biz
@@mariajiao4855 no, the US does not subsidize nearly like China, not even close!! And if American car companies were subsidizing like China EV industry that wouldn’t be out of business. The US is doing the right thing, they have to level the playing field.
@@mariajiao4855 the US does not subsidy export. China gives export credit/rebates when they leave China's ports, so they are now flooding Europe's ports with unsold Chinese EVs.
Americans is going to vote for some guys to increase their taxes. Sound stupid but it is true.
I won't vote for either Trump or Biden now
China's cost of production is much lower than US rather than dumping their products to US.
Tariffs on Chinese EVs are a sign that the US simply can't compete. The US government know that as soon as the US public become aware of BYD and their range of EVs . It's over for US EV manufacturers.
...or: ' how to make the energy transition as costly as possible...' wtf?!
Wow,what an indirect way to tax😂😂😂.Like if you agree
Trade has become, Sanctions, Tarifs, Taxes. Real Prices non important.
That was pretty unbiased, I’m actually surprised
Put 200%tariff on Timu.
American car makers can set prices of their products at 180% of those Chinese cars to keep the retailing prices 10% lower than the Chinese cars after 102.5% tariffs.
It's about time to put America first.
Will never happen , its making ameeica robots greater with AI , they will be takng majority of ameeican jobs within 10 years ! You lose again!
💡 tariffs will definitely slow the economy down.
Come on man! The thing. You know.
china vs us. well lets says all birthdayparties are different ey hihi
Tariff and sanction on supply side, inflation always high
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Sell all US Treasury bonds
China knows what to do abt the treasury bond - believe u me.
US is on a decline faster than before 😮😮😮blame those keep voting the same garages 🎉
The evil man is taking
Biden mumbles when he speaks. Hard to understand, while Trump wings what he says.
Other presidential candidate RFK sounds like a machine gun when he speaks. Uggggg
Hey Joe what do you know you just lost my vote. Id rather see Trump come back and bring the whole crapshow down
How many showers did Biden take with his daughter?
Quite a few according to her diary
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i remember the united states used to invade other countries in the past when they do it to them
Colonial master looking for country to invaded "the land of the free" 😮😮😮
The President is totally right!
Do you mean instead cheap Chinese goods Americans should handle 10 times more expensive American products? so inflation still too low and people can deal more and more inflation? If Americans cannot produce fast just learn from scratch why must cover the truth and attack others? Is this the way to solve problem？