Oddbean

Biden Poised to Impose Tariffs on China EVs, Strategic Sectors ========== The article discusses the possibility of President Biden imposing tariffs on China's electric vehicles (EVs) and strategic sectors. The move is seen as a response to China's dominance in the EV market and concerns about national security. The tariffs would aim to protect American industries and promote domestic manufacturing. The decision is expected to be announced soon, following a review of China's practices and potential risks to the U.S. economy. The article highlights the ongoing trade tensions between the U.S. and China and the broader implications for global trade. https://www.bloomberg.com/news/articles/2024-05-10/biden-poised-to-impose-tariffs-on-china-evs-strategic-sectors