US To Impose 100% Tariff On Chinese EVs

Communist China is trying to wipe out competitors through massive state-subsidized overproduction. A strong response is needed.

While US President Joe Biden and former US President Donald Trump disagree on many things, one consistent policy of both Administrations has been to take stronger actions against China’s trade practices.

Trump was the first to take decisive action to protect US industries from China’s state-subsidized industries, and US President Joe Biden is building on that.

And today, the Biden Administration announced they would be imposing significant new tariffs on products from the Communist State:

“Starting this year, President Joe Biden will quadruple tariffs on imported Chinese electric vehicles, from 25% to 100%. The import tax on Chinese solar cells will double, from 25% to 50%. And tariffs on some Chinese steel and aluminum imports will increase more than three-fold, from 7.5% today up to 25%.

The president also directed U.S. Trade Representative Katherine Tai to more than triple the tariff rates on lithium-ion batteries for EVs and lithium batteries meant for other uses. Starting in 2025, tariffs on imported Chinese semiconductors will jump from 25% to 50%.

First-time tariffs will be imposed on Chinese imports of medical needles and syringes, as well as massive ship-to-shore cranes, the White House said in a fact sheet. Chinese rubber medical gloves and some respirators and face masks will also be hit with higher tariff rates.”

This is a smart move, and Canada should take similar actions. We are in a new Cold War, and we must decouple our economy from Communist China as much as we possibly can.

Spencer Fernando

Photo – YouTube