The US is going to increase tariffs on things that come from China
The White House said China’s unfair trade practices didn’t meet US President Joe Biden’s goals for increasing exports or stopping theft of intellectual property. “The tariffs…weren’t increased,” a White House official said, adding the administration has downplayed the risk of retaliatory tariffs from China. Biden had increased tariffs on certain technologies including batteries and semiconductors in a move to reduce COVID-19 emissions.
Biden is trying to buy time with the new tariffs
US President Joe Biden has announced new tariffs on $18 billion in goods imports from China, including electric vehicles and semiconductors, amid a trade dispute. The White House has said the tariffs were unlikely to cause antagonised with China. The administration believes that the new tariffs are necessary to make sure America’s workers and companies are protected from unfairly traded products.