Biden Set to Impose Tariffs on China EVs, Solar Cells
ฝัง
- เผยแพร่เมื่อ 8 พ.ค. 2024
- The White House is poised to unveil a sweeping decision on China tariffs as soon as next week, one that’s expected to focus on key strategic sectors with new levies, people familiar with the matter said. Chinese electric vehicles, batteries and solar cells are among the sectors that would be targeted. Josh Wingrove reports on Bloomberg Television.
--------
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: tinyurl.com/ysu5b8a9
Visit www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: / bloombergtv
Facebook: / bloombergtelevision
Instagram: / bloombergtv
Connect with Bloomberg Business on:
X: / business
Facebook: / bloombergbusiness
Instagram: / bloombergbusiness
TikTok: www.tiktok.com/@bloombergbusi...
Reddit: / bloomberg
LinkedIn: / bloomberg-news
More from Bloomberg:
Bloomberg Radio: / bloombergradio
Bloomberg Surveillance: / bsurveillance
Bloomberg Politics: / bpolitics
Bloomberg Originals: / bbgoriginals
Watch more on TH-cam:
Bloomberg Technology: / @bloombergtechnology
Bloomberg Originals: / @business
Bloomberg Quicktake: / @bloombergquicktake
Bloomberg Espanol: / @bloomberg_espanol
Bloomberg Podcasts: / @bloombergpodcasts
Lol. I thought the USA was the champion of freedom and capitalism? What a joke
Usa is an insecure country
Usa has shown that its incapable of trade
Capitalism only works if America is winning.
Go ahead, it will just hurt Americans even more, all these self harming tariffs.
Well what about China? They banned this website TH-cam in their country and also google and Facebook it is only fair if China bans US companies that the US does the same no? The thing is that the USA has more consumption than production and China has more production then consumption so both countries fit together perfectly but even with disagreements over trade and tariffs its just normal business the USA and Japan had tariffs also 1960s and to today the USA has a limit of Japanese motorcycle imports to protect Harley Davidson but its how it works even between allies trade wars are just part of business it does not mean countries are enemies just part of business.
Who cares..... No one needs this junk
I don't understand the tariffs on EVs. As far as I know, Americans can't even currently buy Chinese EVs. That would mean there are tariffs being imposed on products we can't even buy, which is utter nonsense.
@@MBarberfan4life They have to assemble the cars inside the USA in order to qualify for the Government credit for car buyers, but there are Chinese cars like Volvo assembled in the USA. Any Chinese company can by theory open a factory in the USA, soon NIO might do that, we will see. Waiting on news on that.
@@drscopeify we could use some relief as far as car prices go, but politicians think they know better. It makes me sick to my stomach
Biden needs to put tariffs on all his party's mouths
America calls it "Liberation" instead of "Invasion". That was what US call it in Iraq, Afghanistan, Libya, Syria, Yemen, Somalia and the list goes on... Why the double standard? Confused... Please enlighten. Genuine question...
Instances of the United States "liberated" or overthrowing, or attempting to overthrow, a foreign government since the Second World War. (* indicates successful ouster of a government)
China 1949 to early 1960s
Albania 1949-53
East Germany 1950s
Iran 1953 *
Guatemala 1954 *
Costa Rica mid-1950s
Syria 1956-7
Egypt 1957
Indonesia 1957-8
British Guiana 1953-64 *
Iraq 1963 *
North Vietnam 1945-73
Cambodia 1955-70 *
Laos 1958 *, 1959 *, 1960 *
Ecuador 1960-63 *
Congo 1960 *
France 1965
Brazil 1962-64 *
Dominican Republic 1963 *
Cuba 1959 to present
Bolivia 1964 *
Indonesia 1965 *
Ghana 1966 *
Chile 1964-73 *
Greece 1967 *
Costa Rica 1970-71
Bolivia 1971 *
Australia 1973-75 *
Angola 1975, 1980s
Zaire 1975
Portugal 1974-76 *
Jamaica 1976-80 *
Seychelles 1979-81
Chad 1981-82 *
Grenada 1983 *
South Yemen 1982-84
Suriname 1982-84
Fiji 1987 *
Libya 1980s
Nicaragua 1981-90 *
Panama 1989 *
Bulgaria 1990 *
Albania 1991 *
Iraq 1991
Afghanistan 1980s *
Somalia 1993
Yugoslavia 1999-2000 *
Ecuador 2000 *
Afghanistan 2001 *
Venezuela 2002 *
Iraq 2003 *
Haiti 2004 *
Somalia 2007 to present
Honduras 2009 *
Libya 2011 *
Syria 2012
Ukraine 2014 *
2014 - 2022 - 9 countries yet to verify.
Pakistan 2022 *
Haiti 2022 *
Niger 2023
The West - let's go green by making and patronizing EVs.
China - Ok, here are very affordable EVs for acceleration of the green environment agenda.
The west - how dare you surpass us China?! We're supposed to be leaders in that sector!
EXACTLY WHAT HAPPENED
trade wars lead to inflation
Maybe in the short term
Fun fact
There are no chinese evs in usa . So they imposed a tax on cars that are not even sold in usa
Luckily i bought mine over an year ago .@@ryanwalters6184
China doesn't not care, is the American pay more. Just don't do business all together, straight forward, I think China doesn't care a bit. 😂😂😂
Perhaps because it is not clear what the US politicians/foreign policy elite *really* want from China so they have given up. For all we know the US might just want a convenient scapegoat for its economic woes as things worsen.
Fun fact
There are no chinese evs in usa . So they imposed a tax on cars that are not even sold in usa
Luckily i bought mine over an year ago .
China does care.. They badly want to sell their EVs in the US. How do we know? China just filed a WTO dispute accusing the US of doing what China has been doing to protect their market from foreign competition since 2016. LOL can't make this stuff up!!!
LETS GO! impose 1000% tax.
There are no Chinese EV in USA.
But there are American auto in China....
Huawei is banned in the US but Apple operates in
China, BYD is banned in the US but Tesla is in
China, the US also bans China from buying chips
that are in the US monopoly and many more
Hypocrisy at the highest level . Bunch of weirdo clowns in charge. Who raised these people
@@zacksmith5644 this is good for China because they get US IP but it doesn't work other way around
@@theburden9920 source ? Proof ?
Usa took chinese ip since usa was created
Inflation Reduction Bill should have been called Inflation Acceleration Bill.
No brainer that USA should imposed tariffs on Chinese products.
Let the Americans buy expensive products and let the rest of the world enjoys cheap chinese products.
The rest of the world would be stupid to buy the super expensive USA products.
The high wages in USA is becoming illusory as it would buy expensive products as well.
I pay $10 for a medical consultation with a doctor in Malaysia.
I pay $200 for a Huawei smart watch.
The more they do this, the more prices will artificially go up. Perhaps the US wants to make its GDP higher than China this way.
Tariffs are imposed by people with no brain. That's true!
@@oka2046
The USA per capita income is way way higher than China.
After all , medical consultations is like 6 times higher.
Same for dentist, lawyers etc.
The real gauge is actually the ppp.
Strip off the prices of medical, dentist, lawyers etc.
On that score , the chinese economy is 1.2 times bigger than the USA.
@@oka2046Fun fact
There are no chinese evs in usa . So they imposed a tax on cars that are not even sold in usa
Luckily i bought mine over an year ago .
China was smart in investing in EVs battery technology, and EV charging infrastructure early on. Of course China will subsidize its industries. The same way Trump imposes protectionist tariffs and Biden imposes semiconductor technology export restrictions and battery import restrictions. The only difference is when China or any Asian nation leads, the elitist white Anglo centric Washington DC politicians love to act xenophobic. That is short term thinking and will not save them. The U.S, Japan, Germany are stuck in a gasoline internal combustion engine economy that will take decades to overcome and convert to an EV system.
Let them build here . New jobs and more choices for US customers
Huawei is banned in the US but Apple operates in
China, BYD is banned in the US but Tesla is in
China, the US also bans China from buying chips
that are in the US monopoly and many more
The public has been waiting four years for car prices to come down. The one thing that could bring down the greedy, other Gods, car prices is cheap china cars and now tariffs heaped on the poor and middle class’s only hope.
express my satisfaction with President Biden's sanctions on copyright abuse and exports of defective products.
The U.S. and the U.N. should further strengthen their checks on China against such scams of selling defective products at dirt cheap prices.
Has any given thought as to who is going to repair the EV's and exactly where these techs can be found? And, the prices will be outrageous.
Fun fact
There are no chinese evs in usa . So they imposed a tax on cars that are not even sold in usa
Luckily i bought mine over an year ago .
Lol how are we "electrifying" America 😅😅
Good. China definitely will equally impose tariff on all US cars. Tesla, GM and Ford can say bye bye to China market.
China does practice loss leader tactics, so i can't say that tariffs are not warranted. Too bad that EVs in general are probably going to be put on ice because of this and the downfall of EV brands in general
kishore mahbubani , "has china won" absolutely resounding yes.😂😂😂😂
Are these the same EVs the Detroit 3 say that no one wants, to explain why US OEMs are pulling back on their own EV rollouts? Let the market decide!
Fun fact
There are no chinese evs in usa . So they imposed a tax on cars that are not even sold in usa
Luckily i bought mine over an year ago .
Let the trade war begin...!
Fun fact
There are no chinese evs in usa . So they imposed a tax on cars that are not even sold in usa
Luckily i bought mine over an year ago .
India can take opportunity
😂Fun fact
There are no chinese evs in usa . So they imposed a tax on cars that are not even sold in usa
Luckily i bought mine over an year ago .
Keep Inflation High: Biden/Trump 2024
Protectionism is back, the inflation will keep climbing.
Well this is great considering all of the Chinese EV manufacturers in America hahaha. America is a joke.
Anda ingin barang saya 10 Yuan , dan saya tidak perduli Anda ingin untung atau menaikan pajak setinggi apa. Harga barang saya 10 Yuan silakan ambil 😂😂😂
Let’s go Brandon without a brain you can do anything you want.
Lovely U S A pay higher prices … yeah.
US contribute 3.1% small to china gdp, keep hurting yourself.😂
Fun fact
There are no chinese evs in usa . So they imposed a tax on cars that are not even sold in usa
Luckily i bought mine over an year ago .
Good news 👏 👍 🇺🇸 put tariff 🇺🇸 consumers paid, 🇨🇳🇨🇳🤣🤣🤣👍
Chinese 🇨🇳 electric cars are *heavily subsidized* by many levels of Chinese government. Some people bought them, threw them away without driving, and still made profits.
- That's why there are millions of new cars abandoned by owners across the country.
And this is not an exaggeration.
guys before comment , better just report all this lastchang bot , and let him lose all his 5 cent income.
Are you going to cry again?
@@hink0027Did the comment hurt your feeling? Why don't you go home crying on your Chinese mom's lap?
@@hink0027
@@AhmetTekin101 i think you talk about your mom the CIA whore
Chinese solar panels are from Xinjiang region, where they are produced by:
- coal-fired plants, and
- using Uyghur forced labor in their production.
guys before comment , better just report all this lastchang bot , and let him lose all his 5 cent income.
@@hink0027Did the comment hurt your feeling? Why don't you cry on your Chinese mom's lap at home?
@@hink0027Does the comment hurt your Chinese feeling?
@@AhmetTekin101 i am life better than your poor life tho , feel good being CIA indian dog?
Who cares. still they produce electricity from the sun. how you do make solar panel? picking them up from trees like fruits?