Biden Signs New Tariffs on Chinese Imports

Bloomberg's Nick Wadhams breaks down President Biden signing a bill to raise tariffs on Chinese chips, electronic vehicles, among other things. He states the Biden Administration is sending a signal showing where they are headed and what they don't want to see coming from China. Bloomberg's Wendy Benjaminson discusses Speaker Johnson along with other high profile Republicans showing their support for Donald Trump outside the New York courthouse, and Michael Cohen's second day of testimony. Both Nick and Wendy speak with Kailey Leinz and Joe Mathieu on Bloomberg's "Balance of Power."
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[@GameChanger-cr4hx]

Double speak - a special language of the US diplomats. We want green energy but we make EVs unaffordable for you.

[@icu17siberia]

making EV's in China isn't even close to "green". Mineral mining is filthy, and workers are exposed to highly toxic material.

[@peterworrell8004]

USA does not yet make a competitive EV..tesla is a joke..consumer freedom under attack..now we're told what we can buy ...we have the power...boycott electric vehicles until tariffs removed

[@pokmandeng5650]

They ban Chinese battery and solar panel as well. And tiktok.

[@passby8070]

Up goes inflation!

[@icu17siberia]

and unemployment-in China

[@kgupta2205]

People always give excuses the way it suits them without realising that jobs are a critical factor as well unless it was their own

[@richardvaughn4722]

It wouldn’t be a problem if America would step up production

[@rossforrest5181]

That Blinken comment was hilarious. As if The US would ever let Ukraine run itself.

[@mikhailmamontov2155]

Tariffs are bad!

[@icu17siberia]

China and US should have exactly the same trade conditions, with no dumping

[@badbadbadcat]

Incompetent USA

[@soonhockchua3740]

Loser can compete.

[@icu17siberia]

seems like China knows its good only sell if dirt cheap, not based on quality

[@brianhong301]

CN should just sell at a higher price in the West or levy its on export tariffs on export of EVs rather than give them the chance to raise taxes on their middle income group CN's largest customers. US imposes tariffs to protect its oligarchs who fund them. With cheaper EVs old gas guzzlers would be retired saving US middle income $$$ and greener for the environment. Many cannot afford Tesla or even KR's ie., KiA as too highly priced now.

[@icu17siberia]

whatever the reason, why does China care?

[@lastChang]

China's 🇨🇳 has a faulty economic model, which is unsustainable. The Chinese goods production system is *not driven by market behavior* but by Chinese government-directed investment.

[@icu17siberia]

thats why they are upset....US warned them with Yellen visit and they made fun of her visits.

[@checkoutmyyoutubepage]

@@icu17siberiaand yet China makes cheaper solar panels.

[@AhmetTekin101]

​@@icu17siberiaYep, the US doesn't bluff. LoL

[@danjohnston9037]

Well, let's just make everything about Donny why don't we ? 🙄

[@vincelamvision]

Why not consider why this is the new Golden Age and what the true meaning of the Golden Age is? Have you noticed the intent of observing from the inside out and reflecting on why you suddenly awaken from a state of daze? Have you experienced smoother, greener skin even when taking a shower? Could it be that your internal vibrational frequency has broken through and elevated, thereby naturally increasing your energy and connecting more closely with the ultimate cosmic energy of the universe?

[@HUgdJHf64]

Feels good. That’s all. F-16 fights Covid.