Tariffs on Electric Vehicles? Biden and Trump’s Positions

 

Today we are giving our take on the Biden administration’s announcement that it will be raising tariffs on a host of Chinese-made products. Given they are calling for a 100% tariff on electric vehicles, we appear not only in an international trade war but, a domestic trade war as well with both the Democratic Party and the America First Movement competing to outdo one another to benefit American workers, manufacturing, and production. Enjoy it while it lasts! 

References:
https://www.whitehouse.gov/briefing-room/statements-releases/2024/05/14/fact-sheet-president-biden-takes-action-to-protect-american-workers-and-businesses-from-chinas-unfair-trade-practices/

https://www.politico.com/news/2024/05/14/trump-biden-battle-over-electric-vehicle-tariffs-00157769

https://www.cnbc.com/2024/03/19/tesla-rival-byd-pushes-into-emerging-markets-amid-western-uncertainty.html

https://thehill.com/policy/energy-environment/4545415-electric-vehicle-rule-epa-biden-administration-what-to-know/

https://www.politico.com/news/2024/05/15/biden-tariff-reaction-trump-00158043

https://www.reuters.com/world/us/exclusive-us-treasurys-yellen-trade-czar-tai-odds-over-china-tariffs-2022-05-17/

https://www.politico.com/news/2021/03/17/senate-confirms-tai-ustr-476727

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