Biden announces new tariffs on Chinese EVs, semiconductors, solar cells and more
https://www.whitehouse.gov/briefing-room/statements-releases/2024/05/14/fact-sheet-president-biden-takes-action-to-protect-american-workers-and-businesses-from-chinas-unfair-trade-practices/
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The frog boils itself now?
Cheap solar and semiconductors will reduce the cost of manufacturing in US. Energy and chips are inputs to actually producing stuff that companies charge a lot more for.
Car tariffs is somewhat understandable.