国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Tariffs on electric cars and batteries criticized

Experts see US actions as failed policy that is likely to backfire

By LIA ZHU in San Francisco and YIFAN XU in Washington | China Daily Global | Updated: 2024-05-27 09:21
Share
Share - WeChat
A ship is loaded with electric cars for export at Taicang Port in Suzhou, Jiangsu province, on Jan 24. CHINA DAILY

Editor's note: The United States has announced that new tariffs will soon be imposed on Chinese imports such as electric vehicles. China Daily examines experts' concerns over the adverse effects such action may have on US consumers and others, and on climate change objectives.

Steep tariff rises by the US on Chinese electric vehicles and batteries are likely to backfire, hurting consumers and companies and hampering climate goals, experts say, even though the stated goal is to protect US manufacturing jobs.

On May 14, US President Joe Biden directed the office of the US Trade Representative to increase tariffs on $18 billion worth of Chinese goods, including electric vehicles, lithium-ion batteries, semiconductors, solar cells, medical supplies and certain critical minerals and metal products, after reviewing existing tariffs under Section 301 of the Trade Act of 1974. The office announced last week that the changes will take effect on Aug 1.

The greatest increase applies to Chinese-made EVs, with tariffs rising from 25 percent to 100 percent. However, the practical immediate impact of this measure is minimal because there are few Chinese EVs in the US market.

More concerning for the industry is an increase in tariffs on Chinese EV batteries and parts, from 7.5 percent to 25 percent. This directly affects US EV makers such as Tesla and Ford, who rely on Chinese lithium iron phosphate batteries for some models.

The tariffs are likely to result in higher prices for EVs and batteries for US consumers, said Soody Tronson, an IP law expert in Silicon Valley, California, with a focus on the energy sector.

"The lack of competition will likely result in price increases. We have to consider how these tariffs affect everyday Americans."

1 2 3 Next   >>|
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
辽阳县| 武乡县| 绥滨县| 牡丹江市| 长宁县| 长顺县| 佛冈县| 辉县市| 诸暨市| 朝阳县| 兰坪| 乃东县| 砚山县| 大冶市| 嘉定区| 科技| 红原县| 金门县| 三江| 罗定市| 肇东市| 安西县| 庆云县| 凌源市| 会东县| 新巴尔虎右旗| 洪泽县| 巴楚县| 龙岩市| 西宁市| 南陵县| 玉溪市| 佳木斯市| 德钦县| 长岭县| 射洪县| 广宗县| 崇阳县| 花莲市| 哈尔滨市| 贵州省|