Biden's China Tariffs Will Undermine American Consumers, Not Alter China's Policies: CEI Analysis
May 16, 2024
May 16, 2024
WASHINGTON, May 16 (TNSres) -- The Competitive Enterprise Institute issued the following news release on May 15, 2024:
President Biden announced today he is raising protectionist tariffs on various Chinese imports, like electric vehicles, solar cells, semiconductors, and advanced batteries, ostensibly to fight back against Beijing subsidizing domestic producers. Competitive Enterprise Institute energy and trade experts expect that, as usual, tariffs will do more to increase costs fo . . .
President Biden announced today he is raising protectionist tariffs on various Chinese imports, like electric vehicles, solar cells, semiconductors, and advanced batteries, ostensibly to fight back against Beijing subsidizing domestic producers. Competitive Enterprise Institute energy and trade experts expect that, as usual, tariffs will do more to increase costs fo . . .