The letter S in a light blue, stylized speech bubble followed by SpeakBits
SpeakBitsThe letter S in a light blue, stylized speech bubble followed by SpeakBits
Trending
Top
New
Controversial
Search
Groups

Enjoying SpeakBits?

Support the development of it by donating to Patreon or Ko-Fi.
About
Rules
Terms
Privacy
EULA
Cookies
Blog
Have feedback? We'd love to hear it!

Biden finalizes increases to China tariffs

cnn.com
submitted
8 mos ago
bybambamtopolitics

Summary

The Biden administration said Friday that it has finalized tariff hikes on certain Chinese-made products. The rate will go up to 100% on electric vehicles, to 50% on solar cells and to 25% on electrical vehicle batteries, steel, aluminum, face masks and ship-to-shore cranes.

CNN's John Defterios reports that the White House is considering imposing new tariffs on Chinese imports. Defterius says the move would be in response to China's recent actions in the South China Sea.

 analog clock grille radiator grille car wheel cab hack taxi taxicab-0
9

7 Comments

3
iareunique
8 mos ago
I'm guessing this is all an effort to punish China for supporting Russia along with attempting to help US automakers
2
bambamOP
8 mos ago
Have they actually continued supporting them?
2
iareunique
8 mos ago
This whole time
2
bambamOP
8 mos ago
Wow... what a great cart to hitch your horse to...
2
iareunique
8 mos ago
The only other option is the US and you know they won't do that
2
bambamOP
7 mos ago
The third option would be to just not support either and not do anything that is somewhat problematic for themselves
2
getthatmoneyyo
8 mos ago
Just what we need, making the little guy pay more