UK Business

Joe Biden has raised tariffs on Chinese imports – but this ploy to win votes may spark a trade war

Written by Karen Jackson, Reader in Economics, University of Westminster

The US president, Joe Biden, has announced new tariffs on imports of electric vehicles, solar equipment and batteries from China. The move comes a month after he called for higher tariffs on Chinese steel and aluminium products, and said that his administration would investigate Chinese shipbuilding.

Tariffs will increase from 25% to 100% on...

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