Biden announces increased tariffs on some goods from China

President Biden announced Tuesday increased tariffs on certain goods from China, including electric vehicles. CBS News chief White House correspondent Nancy Cordes breaks down the new tariffs on some imports.
#news #china #economy
CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations' top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries.
Subscribe to the CBS News KZbin channel: / cbsnews
Watch CBS News 24/7: cbsnews.com/live/
Download the CBS News app: cbsnews.com/mobile/
Follow CBS News on Instagram: / cbsnews
Like CBS News on Facebook: / cbsnews
Follow CBS News on X: / cbsnews
Subscribe to our newsletters: cbsnews.com/newsletters/
Try Paramount+ free: paramountplus.com/?ftag=PPM-0...
For video licensing inquiries, contact: [e-mail]

[@ericchen-qo7sf]

If we can compete, we call it free market, others should follow the so called rule based order. If we can't compete, just ban it.

[@leahgary1107]

I hope this helps but I think we'd be better off if we bought less from China.

[@brianlee6260]

sure, if you could afford US- or Canada-made. Believe me, China wants the same thing, selling less and less to US, coz the greenback is becoming worthless paper.

[@itsallminor6133]

​@@brianlee6260that's not true. Lol. Look at u.s. dollar value compared to the entire basket of currencies

[@jameslawson9527]

It doesn't help. Many American businesses that need some certain specific parts that can only be made in China are just eating the cost.

[@brianlee6260]

@@itsallminor6133keep telling yourself that, don't stop please.

[@itsallminor6133]

@@brianlee6260 go look it up

[@ooxx1816]

If American consumers can buy an EV with the same specs as a Ferrari for just ten grand, will they still be onboard? If someone's selling a luxury item that used to be only for the rich at a dirt-cheap price, the rich folks ain't gonna be happy.

[@mitchelltriplett7974]

Since DT and JB refuse to debate, I'm starting to think they're the same person. Between tariffs, spending, classified docs, exec orders, and sending $$$ overseas, I can't tell the difference! Libertarians 2024!

[@floydhutcherson1732]

Every time he scratches his nose they move the teleprompter

[@alextube2551]

I smell higher inflation

[@mainaunt4447]

Soon China will do the same

[@jeffrhorer1811]

Absolutely the right move. Protecting American jobs. China wanted to flood the world with cheap cars . A lot of European countries are doing the same as we are and saying not so fast China.

[@formulacoolade]

why wouldnt you want a cheap car lmao

[@dpelpal]

​@@formulacoolade Because its false value, and nobody wants a car from China.😂

[@itsallminor6133]

@@formulacoolade it's not cheap when you look at the full costs to the domestic economy

[@kenn1320]

Where have we heard all this before? There was already a tariff on chinese steel, who removed it?

[@Romme-tp2mn]

Make it 1000 percent increase!

[@user-ch2fm6kr6j]

The city county state cannot be part of the union or protect it neither can cops or police. They can just be phone called in a life threatening emergency.

[@normanchan1099]

Buy German , Italian product if you can afford it 😅😅😅

[@torynaomy5052]

It's time to develop your own products, not other countries' products. What's wrong with you guys. Do you want to always be dependent and left behind?

[@adamcaillouette7375]

*Sigh* I honestly hope the States reach the 50% Emission Cut Goal before 2030. That gives the States about only 5 years left.

[@itsallminor6133]

Why. It won't make much difference. And the battery itself is bad for the environment

[@adamcaillouette7375]

@@itsallminor6133 Are you a Climate Change denier?

[@jmpcali8739]

Sleepy joe economic policies like fire dumpster , American citizen prepare for pay high price and we never be able to buy EV cars.

[@user-cl5bj1mr4v]

Channel GodChristLord: Thank you President Biden. Your support of the working class, working middle class, and middle class is unmatched.

[@toram6210]

We are laughing at him

[@user-ch2fm6kr6j]

The city county state has lost there right over auto industries and.yiu cannot ask them to protect the rich or the auto industry or metal.

[@radearpurba3589]

Thank you for sharing this news 🤔🤔🤝🥵🤒🤒🙏🏻

[@MrJon92as]

What really annoys me is how ever since the NYTimes polls came out yesterday, I saw plenty of comments of people saying that they voted for Biden in 2020 yet plan to vote for Trump this upcoming election, but when I would then ask them the question where if their sole reason they voted for Biden in 2020 was because they were sickened by Trump and how he behaved, why they would just suddenly now be okay with how Trump acts, several wouldn't even reply to my question. I mean, this is such a simple question to answer. But the fact of the matter is, if Trump wins the election, the Supreme Court will be to blame for the fact that they are doing everything to ensure that we do not get the Jan. 6 trial before the election. If the trial were to happen before the election, Trump would be toast.

[@dpelpal]

All I've heard is from people who say they're not going to ever vote for Trump again. My entire church will no longer vote for him!

[@keacyut777]

Americans forget where most raw materials are produced and assembled >> CHina..good luck with that

[@karenmaso1292]

KENNEDY/SHANAHAN 2024 and God save America from Biden & Trump. Amen. 🙏🙏🙏

[@user-ch2fm6kr6j]

Gerald ford German and indian

[@ehan2463]

Making better choices during the election season. Let’s see how long this last.

[@JerryCaldwell-xk6jd]

Talking to good, Biden stand in again. Don't think they don't have one!

[@yamatomusashi1412]

Yup yup, Trump is the one that told you so!

[@richardguzzetta9924]

The mask looks terrible today. Blundering stumbling.

[@eddie-xr6mn]

Bla,bla,bla

[@isabellaroy3134]

YES! BLA BLA LIER LIER FEEL SO SORRY FOR THIS COUNTRY 😢.PLEASE GOD HELP US 🇺🇸

[@marklewen9384]

Starting to adopt Trumps policies...4 years too late

[@dpelpal]

America supports you Mr. President!

[@adamcaillouette7375]

*Sigh* I honestly hope the States reach the 50% Emission Cut Goal before 2030. That gives the States about only 5 years left.

[@catotacatota6852]

FJB

[@user-lf6hu2bi7o]

@@catotacatota6852Russia trolls

[@adamcaillouette7375]

@@catotacatota6852 What's that mean?

[@bobby-ov9qn]

He walks in, he bumbles, he mumbles, he stumbles, (reading his Obama prepared text), takes a bow, and leaves. No questions. Again. Democrats applaud. The End.

[@jeffrhorer1811]

Are you seeing the same thing the rest of us are seeing? Biden taking action while Trump just posed.

[@user-lf6hu2bi7o]

Russian bot

[@mychannel-su1bx]

@@jeffrhorer1811 Haven't i heard Trump say the same thing about China that President Biden just said? Of coarse the media accused Trump of being a racist.

[@Avatar_2025]

votes votes guys.

[@13Liberty50]

Brought to you by president Two Face

[@biloki3079]

What are you crying about now?

[@catotacatota6852]

FJB FJB FJB

[@LauFiu]

um correction its LGBFJB+ Binary community

[@charlesfriscia7236]

Im definitely living in an alternative universe..This man ripped Trump for putting tariffs on Chinese goods and yet here he is....FJB...

[@LauFiu]

i was just saying this is a trump policy he removed himself

[@LauFiu]

wow sounds like a trump campaign speech

[@user-lf6hu2bi7o]

Russian bot farms at work

[@LauFiu]

@@user-lf6hu2bi7o Эй, смотри, этот парень нас нашел!!! новый план должен быть сформулирован

[@LauFiu]

@@user-lf6hu2bi7o If I’m a russian bot, then Biden wins reelection 2024 👀

[@mwildthing5525]

Weak men create weak times