US CLEAN TECH MANUFACTURERS GET NEW PROTECTION WITH NEW TARIFFS ON $18B IN CHINESE IMPORTS #china #evbatteries #semiconductors #imports #tariffs
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Track insights of technology, media and info-comm businesses. Help consumer and commercial brands in business development, revenue generation, commercial buy-sell activities, offline & online sales channel development.
US tariffs on Chinese-made EVs are an own goal https://lnkd.in/dAQrnger #ustariffs #chinesemadeevs #geopolitical #uselectionyear #undermine #globaltradingsystem #greentransitiongoals
US tariffs on Chinese-made EVs are an own goal
straitstimes.com
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The Biden administration is preparing to raise tariffs on clean-energy goods from China in the coming days, with the levy on Chinese electric vehicles set to roughly quadruple, according to people familiar with the matter. Higher tariffs, which Biden administration officials are preparing to announce on Tuesday, will also hit critical minerals, solar goods and batteries sourced from China, according to the people. The decision comes at the end of a yearslong review of tariffs imposed by former President Donald Trump on roughly $300 billion in goods from China.
Biden to Quadruple Tariffs on Chinese EVs — The Wall Street Journal
apple.news
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Following a standard review cycle, the U.S. Department of Commerce intends to lower the tariffs imposed on passenger and light truck tires imported into the U.S. from South Korea. https://lnkd.in/gSgFwAV2 #moderntiredealer #tires #tireindustry #departmentofcommerce #tiretariff #tariffs
PLT Tires From Korea Will Face Lower Tariffs
moderntiredealer.com
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Importers think about your landed cost, carefully review your tariff classification, country of origin as this duty rate increase from 7.5% to 25% may impact your bottom line. #Section301 #Tradecompliance #Tariffs #Duty #Steel #Customerssuffer #Coo
All of the signs were there that this would happen!!! President Biden will ask the USTR, to increase tariffs to 25 percent on certain Chinese products that currently face tariffs of 7.5 percent — or tariff free. Expect List 4A and 4B to be up to 25% soon. Ouch! #globaltrade #tariffs #steel
Biden to Call for Tripling Tariffs on Chinese Steel Products
https://www.nytimes.com
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Senior Vice-President & Head of Energy and Climate at FleishmanHillard EU | MBA, Strategic Public Affairs & Communications
#Biden to impose tariffs on #China #EVs and other strategic sectors(#solar cells and #batteries) - and seems that #EU will do the same with Chinese EVs in the near future. It's a world of tariffs.
Biden Set to Impose Tariffs on China EVs, Strategic Sectors
bloomberg.com
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Watching USTR Ambassador Tai's appearance before HWM and SF on the President's 2024 Trade Agenda has been painful for any trade pro who longs for continued trade liberalization. There is a fundamental political split between Democrats and Republicans as to what trade policy should achieve: market access and lower tariffs vs. elevating labor and environmental considerations to an equal level . . . not to mention whether trading with China is sustainable. U.S. trade policy has become overly legalistic to resolve disputes quickly so the U.S. will be forced to use more blunt levers of tariffs and access to the U.S. market. Guys, IT IS OVER so we should expect increased U.S. tariffs, a weak WTO, "no go" zones (e.g., Russia), and supply chain disruptions as part of this period of deglobalization. #globaltrade #tariffs #ustr #tradecompliance #ustr
All of the signs were there that this would happen!!! President Biden will ask the USTR, to increase tariffs to 25 percent on certain Chinese products that currently face tariffs of 7.5 percent — or tariff free. Expect List 4A and 4B to be up to 25% soon. Ouch! #globaltrade #tariffs #steel
Biden to Call for Tripling Tariffs on Chinese Steel Products
https://www.nytimes.com
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🇺🇸🇨🇳 Facing uncertain tariffs between the USA and China? Consider producing in America. USA or Mexico. With tariffs fluctuating, domestic or nearby production offers stability and reduces risks and costs. Partner with us to navigate this uncertain terrain and ensure seamless operations. #TradeTariffs #USAManufacturing #Stability 🌎🛠️ Biden Set to Hit China EVs, Strategic Sectors With Tariffs https://lnkd.in/gzY4r4fF
Biden Set to Impose Tariffs on China EVs, Strategic Sectors
bloomberg.com
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I can identify two thoughts related to this. 1) I think it’s an effort to protect American automakers. 2) I think it will limit the choices of American citizens seeking lower priced EVs.
“The Biden administration is preparing to raise tariffs on clean-energy goods from China in the coming days, with the levy on Chinese electric vehicles set to roughly quadruple” https://on.wsj.com/44DRLQj #EVPolicy #EVs #ElectricVehicles
Exclusive | Biden to Quadruple Tariffs on Chinese EVs
wsj.com
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The European Commission’s preliminary tariffs on Chinese electric vehicle imports range from 17 percent to 38 percent and would apply on top of the European Union’s standard 10 percent car tariffs. Read the full CSIS analysis here. https://lnkd.in/d3krGywu
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