{"id":2242386,"date":"2024-05-11T12:01:02","date_gmt":"2024-05-11T16:01:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-administration-set-to-announce-new-tariffs-on-electric-vehicles-from-china\/"},"modified":"2024-05-11T12:03:38","modified_gmt":"2024-05-11T16:03:38","slug":"biden-administration-set-to-announce-new-tariffs-on-electric-vehicles-from-china","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-administration-set-to-announce-new-tariffs-on-electric-vehicles-from-china\/","title":{"rendered":"Biden admin plans to unveil new tariffs on Chinese electric vehicles"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-administration-set-to-announce-new-tariffs-on-electric-vehicles-from-china%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2242386&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The White\u200c House is \u200cpreparing to announce new tariffs on Chinese <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-climate-agenda-wont-replace-jobs-it-seeks-to-kill-separate-ap-wapo-fact-checks-suggest\/\" title=\"Biden\u2019s Climate Agenda Won\u2019t Replace Jobs It Seeks To Kill, Separate AP, WaPo Fact-Checks Suggest\">electric vehicles<\/a> and clean\u2063 energy goods, aiming to target solar products, \u200dcritical minerals, and \u200dbatteries from China. The move is part of the Biden administration&#8217;s efforts to increase\u2064 tariffs on Chinese EVs \u200dand <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republican-study-committee-democrat-anti-china-bill-riddled-with-woke-climate-change-carveouts\/\" title=\"Republican Study Committee: Democrat Anti-China Bill Riddled with Woke, Climate Change Carveouts\">boost domestic semiconductor production<\/a>. Lawmakers have supported these initiatives, with\u200b ongoing discussions on tariff adjustments \u200band influencing \u200dinternational cooperation on tariff policies.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<div>\n<p>The <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/white-house\/\" target=\"_blank\" rel=\"noopener\" title=\"White House\">White House<\/a> is set to announce new <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/china\/\" target=\"_blank\" rel=\"noopener\" title=\"China\">China<\/a> tariffs as soon as next week, with a levy on <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/electric-vehicles\/\" target=\"_blank\" rel=\"noopener\" title=\"White House\">electric vehicles<\/a> and other clean <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/energy\/\" target=\"_blank\" rel=\"noopener\" title=\"White House\">energy<\/a> goods.<\/p>\n<p>The full announcement is expected on Tuesday and will target solar goods, critical minerals, and batteries from China, according to <a href=\"https:\/\/www.wsj.com\/economy\/trade\/biden-to-quadruple-tariffs-on-chinese-evs-203127bf?mod=hp_lead_pos1\">reporting<\/a> from the <em>Wall Street Journal<\/em>. The Biden administration has invested in these industries domestically.\u00a0The White House did not respond to a request for comment.<\/p>\n<p>Chinese electric vehicles currently face a 25% tariff, and the administration is expected to raise that as much as 100% in order to make it more expensive to buy the product from China. The new tariffs are not expected to include traditional gasoline-powered cars that are made in China.<\/p>\n<p>The new tariffs are also expected to include new levies on semiconductors, which Biden has worked to boost domestically. Lawmakers <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/technology\/2979226\/watch-biden-remarks-chips-and-science-act\/\" target=\"_blank\" rel=\"noopener\" title>passed<\/a> the bipartisan CHIPS and Science Act in 2022, which includes grants and other incentives for chip makers.<\/p>\n<p>The tariff update comes after lawmakers on Capitol Hill have called for hikes on Chinese vehicle tariffs. Sen. Sherrod Brown (R-OH), the Banking Committee chairman, has called on the Biden administration to ban Chinese electric vehicles completely due to privacy concerns about people\u2019s data. <\/p>\n<p>The Biden administration has considered adjusting the Trump-era tariffs, with some advisers calling for higher levies while Treasury Secretary Janet Yellen has made the case to lower duties on consumer goods. Yellen is expected to head to the G7 Finance Ministers meeting in Italy later this month, where the U.S. hopes to influence other countries to join the tariff fight, to ratchet up pressure on China, according to <a href=\"https:\/\/www.nbcnews.com\/politics\/white-house\/biden-plans-raise-tariffs-electric-vehicles-china-rcna151748\" target=\"_blank\" rel=\"noopener\" title>reporting <\/a>from NBC News.<\/p>\n<p>The White House has kept all the existing tariffs from former President Donald Trump in place, who imposed some $300 billion in tariffs at U.S. ports of entry. Trump has said he would consider a 60% tariff on all Chinese imports if he is elected in November. In March, Trump said he would impose a 100% tariff on cars made in <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/Mexico\/\" target=\"_blank\" rel=\"noopener\" title>Mexico<\/a> by Chinese companies. <\/p>\n<p>In announcing the new round of tariffs, Biden is looking to demonstrate his push to safeguard manufacturing in the U.S. ahead of the November election. In a speech to United Steelworkers union members in Pittsburgh last month, Biden said he wanted to raise tariffs on imports of Chinese aluminum and steel, pointing out that thousands of steelworkers in the area lost their jobs between 2000 and 2010.<\/p>\n<p>\u201cI promise you that I\u2019m not going to let that happen again,\u201d he said.<\/p>\n<p>Biden has attempted to contrast his tariffs as \u201cstrategic and targeted\u201d while claiming Trump\u2019s tariffs have raised costs for U.S. consumers. Both candidates have been attempting to appeal to voters across manufacturing-heavy swing states in the Midwest.<\/p>\n<p>The trade moves are weighing on U.S.-China relations. The two superpowers have spent months trying to stabilize diplomatic relations after years of acrimony over Taiwan, Russia\u2019s invasion of <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/Ukraine\/\" target=\"_blank\" rel=\"noopener\" title>Ukraine<\/a>, and access to advanced technology. China has invested in <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/vivek-ramaswamy-blackrocks-woke-green-agenda-is-all-about-blackrocks-bottom-line-not-its-portfolio-companies\/\" title=\"Vivek Ramaswamy: BlackRock\u2019s Woke Green Agenda Is All About BlackRock\u2019s Bottom-line, Not Its Portfolio Companies\u2019\">clean-energy production<\/a> in an effort to strengthen its economy.<\/p>\n<p><strong><a href=\"https:\/\/www.washingtonexaminer.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER<\/a><\/strong> <\/p>\n<p>A spokesman for the Chinese Foreign Ministry slammed the <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/Biden-administration\/\" target=\"_blank\" rel=\"noopener\" title>Biden administration<\/a>\u2019s planned tariffs on Friday, saying existing tariffs have disrupted trade.<\/p>\n<p>\u201cChina will take all necessary measures to defend its rights and interest,\u201d the spokesman said.<\/p>\n<\/p><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The White House plans to unveil new China tariffs next week, including levies on electric vehicles and clean energy goods. The announcement, targeting solar products, critical minerals, and batteries from China, is anticipated on Tuesday, reported by the Wall Street Journal. The Biden administration is taking action<\/p>\n","protected":false},"author":2657,"featured_media":2242387,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2024\/05\/AP24130579273572-1024x576.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2242386","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2024\/05\/AP24130579273572-1024x576.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2242386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2657"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2242386"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2242386\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2242387"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2242386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2242386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2242386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}