Originally posted by: Kevin Lewis
Tariffs that would result in runaway inflation, the massive loss of jobs, and the bankruptcy of thousands of US businesses.
Race hate-fueled deportations of millions of guest workers, which would crush the American economy, resulting in huge job losses and a massive increase in the price of food.
Vote Trump if you want these things!
Wrong. If that were the case, why is the brain dead Biden placing and enforcing tatiffs on China? -- Explain this --US imposes major tariff hikes on Chinese imports, EVs hit with 100% duty -- A 100% duty will be imposed on Chinese electric vehicles (EVs), starting September 27. Other tariffs include 50% on solar cells and 25% on steel, aluminum, and EV batteries. The decision is aimed at reducing reliance on China's supply chain dominance. - The Biden administration has locked in steep tariff hikes on a variety of Chinese imports, with some of the most significant tariffs set to go into effect on September 27. These include a 100% duty on Chinese electric vehicles (EVs), 50% on solar cells, and 25% on steel, aluminum, and critical minerals for EV batteries. The tariffs are part of an ongoing effort to protect domestic industries from China’s overproduction fueled by state subsidies. The U.S. Trade Representative (USTR) confirmed that the increase to 100% for electric vehicles is intended to shield U.S. manufacturers from China's competitive advantage, which has allowed Chinese automakers to rapidly expand in global markets. However, these tariffs are being implemented amidst concerns that the U.S. auto industry remains heavily dependent on Chinese-made materials, particularly for EV production. The new tariffs also extend to other sectors, such as semiconductors, where a 50% duty on Chinese-made polysilicon used in solar panels will start in 2025. Despite requests from the U.S. auto industry for lower tariffs on minerals like graphite, which are essential for EV batteries, the administration has upheld the increases, citing a need to diversify supply chains away from China. -- https://mxmnews.com/article/1fa64b3e-bad2-4da6-82cd-a1ff5c5dd442?us-imposes-major-tariff-hikes-on-chinese-imports-evs-hit-with-100-duty