US Tariffs on Chinese EVs Impact Green Transition, Says XPeng CEO
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#96a123da ver:1.66
US tariffs on Chinese EVs are impacting the green transition, says XPeng CEO. President Biden's increase in tariffs highlights concerns about China's unfair competition and excess capacity. The IMF warns that tensions between the US and China could hurt global trade and growth. Chinese industrial groups object to the tariffs, calling it a breach of trade rules. The US trade war with China is seen as a departure from neoliberalism and a return to protectionism. The Biden administration's tariffs are driven by the upcoming election and the need to protect American industries. XPeng CEO criticizes the tariffs, stating they hinder the US's green energy transition. #TradeWar #Tariffs #GreenTransition #China...
#newstr #UsTariffs #ChineseEvs #GreenTransition #Xpeng
https://here.news/story/96a123da?ver=1.66