Independent thinking for complex markets and current events
WASHINGTON — The Biden administration plans to raise tariffs on electric vehicles and other clean energy goods from China next week, according to people familiar with the matter. The tariff rate on Chinese electric vehicles is set to roughly quadruple — from 25% to about 100% — the sources said. They also said that a …
Don’t Biden supporters constantly say that "tariffs do nothing but hurt American consumers"? So he decides to triple them? Was Trump right? — Big Tom Callahan🇺🇸 (@CallahanAutoCo) April 17, 2024 NEW: US launches probe into ‘unfair’ Chinese shipbuilding practiceshttps://t.co/zlbKs7Tzd0 — Insider Paper (@TheInsiderPaper) April 17, 2024
Former U.S. President Donald Trump privately proposed a flat 60% tariff on China if he wins the November presidential elections, The Washington Post reported on Jan. 27…. https://worldview.stratfor.com/situation-report/china-us-trump-floats-60-tariff-all-chinese-goods Trump Is Primed for a Trade War in a Second Term, Calling for ‘Eye-for-Eye’ Tariffs Presidential contender is calling for 10% tariff on all imports and higher …
by Mike Shedlock Trump and Biden are in ever-escalating tariffs proposals. Let’s discuss Trump’s latest proposal and why It’s a trade war we cannot win. Trump Is Primed for a Trade War in a Second Term The Wall Street Journal reports Trump Is Primed for a Trade War in a Second Term, Calling for ‘Eye-for-Eye’ Tariffs …