Criticizing China for “Dumping” Cheap E.V.s Is a Bit Rich
On Tuesday, the Biden administration announced that it’ll be raising tariffs on imports from China. Fees on electric vehicles will rise from 25 percent to 100 percent, and several other goods—solar cells, steel and aluminum products, semiconductors, even facemasks—will now be much more expensive to import, too. The change is expected to impact only about $18 billion worth of products—a relatively modest figure—because the U.S. currently importing very few of those things from China. “American... Читать дальше...