【The White House Announces Tariffs on Chinese Goods Including Electric Vehicles: China's Response Today】
On the 14th, the White House announced tariffs on a range of Chinese goods including steel and aluminum, semiconductors, electric vehicles, batteries, critical minerals, solar cells, cranes, and medical products. The new measures will affect goods worth $18 billion. According to the White House website, tariffs on Chinese electric vehicles will increase from the current 25% to 100%. Reports suggest that US President Biden is taking this action to win over voters who give low marks to his economic policies, despite the risk of deteriorating Sino-US relations during an election year. In a press conference of the Chinese Foreign Ministry earlier on the 14th, spokesperson Wang Wenbin was asked about "Biden's announcement of tariffs on Chinese goods such as electric vehicles." He stated that China will take all necessary measures to safeguard its legitimate interests.
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