{"id":2244546,"date":"2024-05-14T18:45:02","date_gmt":"2024-05-14T22:45:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-pressed-on-whether-chinese-tariffs-will-impact-consumers-hike-prices\/"},"modified":"2024-05-14T18:45:49","modified_gmt":"2024-05-14T22:45:49","slug":"white-house-pressed-on-whether-chinese-tariffs-will-impact-consumers-hike-prices","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-pressed-on-whether-chinese-tariffs-will-impact-consumers-hike-prices\/","title":{"rendered":"White House questioned about impact of Chinese tariffs on consumer prices"},"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%2Fwhite-house-pressed-on-whether-chinese-tariffs-will-impact-consumers-hike-prices%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=2244546&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 House faced tough questions on Chinese electric vehicle tariffs, reassuring no impact on consumer\u200b prices. Biden&#8217;s commitment to no tax hike for earners under $400,000 was highlighted.\u200d Press Secretary Karine\u200d Jean-Pierre emphasized the \u200daim to protect American workers from <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/breaking-steven-crowder-announces-lawsuit-against-facebook\/\" title=\"BREAKING: Steven Crowder Announces Lawsuit Against Facebook\">unfair competition<\/a> with increased tariffs\u2063 on\u2063 Chinese products.\u2064 The Biden administration&#8217;s tariff raise is viewed as a strategic move against China and former President \u200dTrump&#8217;s 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> took several pointed questions Tuesday on its new Chinese <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3002358\/biden-quadruple-tariffs-chinese-evs-outfox-trump\/\" target=\"_blank\" rel=\"noopener\" title=\"electric vehicle tariffs\">electric vehicle tariffs<\/a>, insisting that they won\u2019t hurt consumers with higher prices. <\/p>\n<p>\u201c<a href=\"https:\/\/www.washingtonexaminer.com\/tag\/joe-biden\/\" target=\"_blank\" rel=\"noopener\" title=\"Biden\">Biden<\/a> has frequently pledged that no American making under $400,000 would see their taxes go up,\u201d a reporter said. \u201cTariffs are effectively a tax on imports. I\u2019m wondering if you can commit that no American importer making less than $400,000 would see their costs go up.\u201d<\/p>\n<p>Press secretary <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/karine-jean-pierre\/\" target=\"_blank\" rel=\"noopener\" title=\"Karine Jean-Pierre\">Karine Jean-Pierre<\/a> responded by saying, \u201cWe do not want to see a tax increase on Americans making under $400,000\u201d and reiterating that the tariffs are about protecting American workers from unfair Chinese competition.<\/p>\n<p>The <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/biden-administration\" target=\"_blank\" rel=\"noreferrer noopener\">Biden administration<\/a> has announced it will raise tariffs on certain Chinese steel and aluminum products from 7.25% to 25% this year, on <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> from 25% to 100%, and on semiconductors from 25% to 50% next year. The move is seen as upping the ante not only with China but <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/2970612\/trade-war-why-biden-and-trump-are-working-to-out-tariff-each-other\/\" target=\"_blank\" rel=\"noopener\" title=\"with former president Donald Trump\">with former president Donald Trump<\/a>, who instituted a host of Chinese tariffs during his term in office. <\/p>\n<p>But tariffs will make Chinese electric vehicles, which can be <a href=\"https:\/\/apnews.com\/article\/china-byd-auto-seagull-auto-ev-cae20c92432b74e95c234d93ec1df400\" target=\"_blank\" rel=\"noopener\" title=\"had\">had<\/a> for less than $10,000 brand new, much more expensive to buy, making the matter a mixed bag for consumers. China could also raise its own tariffs in response, fueling another round of price hikes.<\/p>\n<p>Another reporter pointed to remarks from Gov. Jared Polis (D-CO), who said the tariffs were \u201chorrible news\u201d for consumers and \u201ca direct, regressive tax on Americans\u201d that would affect families.<\/p>\n<figure>\n<div>\n<blockquote data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">This is horrible news for American consumers and a major setback for clean energy. Tariffs are a direct, regressive tax on Americans and this tax increase will hit every family. <a href=\"https:\/\/t.co\/ZLYvh3pm2Z\">https:\/\/t.co\/ZLYvh3pm2Z<\/a><\/p>\n<p>\u2014 Jared Polis (@jaredpolis) <a href=\"https:\/\/twitter.com\/jaredpolis\/status\/1790407603727585657?ref_src=twsrc%5Etfw\">May 14, 2024<\/a><\/p><\/blockquote><\/div>\n<\/figure>\n<p>Jean-Pierre repeatedly tried to explain that the tariffs are more narrowly targeted than Trump\u2019s, and that, when targeted with investments, will fuel a rising domestic manufacturing sector for electric vehicles.<\/p>\n<p>\u201c[Biden] wanted to make sure that this was done in a smart and strategic way,\u201d Jean-Pierre said. \u201cThat\u2019s what this announcement is about. It\u2019s about making sure that we are addressing the unfair policies that we have seen from China. And this is what this does.\u201d<\/p>\n<p>United States Trade Representative Katherine Tai also took to the podium, stressing that the administration does not want a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/australia-and-china-the-other-trade-war-swamponomics\/\" title=\"Australia and China: The Other Trade War \u2013 Swamponomics\">trade war<\/a> with China and arguing that prices won\u2019t rise. <\/p>\n<p><strong><a href=\"http:\/\/washingtonexaminer.com\" target=\"_blank\" rel=\"noopener\" title>CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER<\/a><\/strong><\/p>\n<p>\u201cI think that that link in terms of tariffs to [rising] prices has been largely debunked,\u201d she said when asked if prices would go up.<\/p>\n<p>\u201cTariffs are tools,\u201d Tai said. \u201cWhen used strategically and smartly, they can be powerful forces for economic strength and development, and that is what you see in this package.\u201d<\/p>\n<\/p><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The White House faced tough questions on Tuesday regarding Chinese electric vehicle tariffs, assuring no rise in consumer prices. A reporter mentioned Biden&#8217;s commitment to no tax increase for those earning under $400,000 and linked tariffs to import taxes<\/p>\n","protected":false},"author":2635,"featured_media":2244547,"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\/AP24135634212681.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-2244546","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2024\/05\/AP24135634212681.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2244546","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\/2635"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2244546"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2244546\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2244547"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2244546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2244546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2244546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}