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Biden announced a 100% tariff on Chinese electric vehicles, and the domestic electric vehicle market will usher in big changes

author:Entertaining mud snowballs
Biden announced a 100% tariff on Chinese electric vehicles, and the domestic electric vehicle market will usher in big changes
Biden announced a 100% tariff on Chinese electric vehicles, and the domestic electric vehicle market will usher in big changes

Entertainment mud snowball

Edit|Entertainment mud snowball

Recently, the Biden administration is preparing to impose high tariffs on China's electric vehicle and solar panel industries, which undoubtedly adds to the economic and trade relations between China and the United States.

During Yellen and Blinken's visit to China, the United States has begun to create public opinion, claiming that China is unfair to other countries' markets by dumping electric vehicles into Europe through overcapacity.

Biden announced a 100% tariff on Chinese electric vehicles, and the domestic electric vehicle market will usher in big changes

The accusations made by the United States are not groundless.

In recent years, China's electric vehicle industry has developed rapidly, and with advanced production capacity, high-quality quality and reasonable price, it has quickly occupied the international market.

This has also caused dissatisfaction in the United States and other Western countries.

They accuse China of dumping electric vehicles into Europe and other places through overcapacity, disrupting the local market order.

This has put enormous pressure on the electric vehicle industry in other countries.

Biden announced a 100% tariff on Chinese electric vehicles, and the domestic electric vehicle market will usher in big changes

Does this accusation really hold water? We might as well explore the following aspects.

First of all, from the perspective of production capacity, China's electric vehicle industry does have a huge production capacity.

However, this does not mean that China has a problem with overcapacity.

On the contrary, with the increasing global emphasis on environmental protection and energy saving, the demand for electric vehicles is growing.

Biden announced a 100% tariff on Chinese electric vehicles, and the domestic electric vehicle market will usher in big changes

The rapid development of China's electric vehicle industry is the result of this market demand.

Secondly, from a price perspective, the price of electric vehicles in China is indeed relatively low. However, this does not mean that China is "dumping".

In fact, the price advantage of China's electric vehicles mainly comes from scale effects and technological innovation.

Through mass production and continuous optimization of production processes, the cost of electric vehicles in China has been reduced, resulting in a price advantage.

Biden announced a 100% tariff on Chinese electric vehicles, and the domestic electric vehicle market will usher in big changes

From a quality point of view, the quality of China's electric vehicles has been recognized by the global market. Many European consumers say they are willing to buy Chinese brands of electric vehicles because of their reliable quality and performance.

Why, then, would the United States choose to create public opinion at this time to blame China? The reason behind this may not be simple.

On the one hand, the U.S. may indeed be feeling the competitive pressure from China's electric vehicle industry.

With the continuous advancement of China's electric vehicle technology and the continuous expansion of the market, the electric vehicle industry in the United States has felt unprecedented pressure.

Biden announced a 100% tariff on Chinese electric vehicles, and the domestic electric vehicle market will usher in big changes

In order to protect its own interests, the United States may take some measures to restrict the import of electric vehicles from China.

On the other hand, the United States may also want to divert the attention of its domestic population in this way.

In recent years, the United States has faced many economic and social problems, such as high inflation and rising unemployment.

In order to alleviate the pressure caused by these problems, the United States may choose to point the finger at external factors, such as the electric vehicle industry in countries such as China.

The impact of high tariffs on both China and the United States

If the Biden administration does impose high tariffs on China's electric vehicle and solar panel industries, what impact will this have on both China and the United States?

First of all, for American consumers, they will not be able to buy Chinese electric vehicles with obvious price advantages.

Biden announced a 100% tariff on Chinese electric vehicles, and the domestic electric vehicle market will usher in big changes

This will lead them to continue to use gasoline vehicles, which will increase their vehicle cost and environmental burden.

Second, high tariffs will put enormous pressure on China's electric vehicle and solar panel industries.

This will lead to the blockage of their exports, which in turn will affect the development and growth of the entire industry.

Biden announced a 100% tariff on Chinese electric vehicles, and the domestic electric vehicle market will usher in big changes

Finally, from a global market perspective, high tariffs will hinder U.S.-China cooperation in the electric vehicle and solar panel industries.

This will not be conducive to the development of global environmental protection and energy conservation, nor will it conform to the trend of global economic integration.

Since last year, the U.S. economy has been on a rollercoaster ride, with banks failing, debt soaring, and internal problems emerging.

In order to deal with these difficulties, the Biden administration has been busy, trying to stabilize the domestic situation while "flexing its muscles" internationally.

Biden announced a 100% tariff on Chinese electric vehicles, and the domestic electric vehicle market will usher in big changes

No, the Biden administration has begun to make economic moves against Japan, Vietnam and other countries, trying to divert domestic attention through these means. But what attracts the most attention is their series of actions against China.

In particular, the reason for "protecting the market" is simply a pretext, and anyone with a discerning eye knows that this is to do something!

When it comes to doing things, we have to mention the tariff increase plan. The Biden administration is now studying raising tariffs on Chinese trams, and one plus is four times, which is a 100% increase!

Although the exact number has not yet been released, the magnitude of this has already caused American experts to start worrying.

Some experts have said that such high tariffs will hurt themselves if they don't do it well.

Biden announced a 100% tariff on Chinese electric vehicles, and the domestic electric vehicle market will usher in big changes

Let's think about it, the local tram companies in the United States are already competing with Chinese trams, and this time they have added so many tariffs, isn't it asking for trouble for themselves?

Besides, China is not a vegetarian either, and if there is a counterattack, the Biden administration will be embarrassed.

But then again, Chinese trams are competitive in the U.S. market.

Affordability and advanced technology are the advantages of Chinese trams.

Even if the Biden administration wants to raise tariffs, it is estimated that it will have to weigh them, after all, this is related to the interests of American consumers.

The Biden administration, on its side, is also quite entangled. On the one hand, they are worried about the impact of Chinese trams on the domestic market, and on the other hand, they want to protect their companies by raising tariffs.

Biden announced a 100% tariff on Chinese electric vehicles, and the domestic electric vehicle market will usher in big changes

This ambivalence is like walking a tightrope, and if you are not careful, you will have to fall.

Moreover, this tariff hike actually has the Biden administration's "little ninety-nine".

They don't just want to protect businesses, there are political and economic considerations involved.

After all, the Biden administration also has to canvass for the election, so make some big moves to attract attention!

Let's see if the Biden administration's "Little Ninety-Nine" can succeed, and also see if Chinese trams can continue to shine in the American market.

It is worth noting that the Biden administration's choice to impose high tariffs on China at this time may be related to the pressure on him to be at a disadvantage in the election.

To make up for his own shortcomings, Biden may take some tough measures to win over voters.

Cooperation between China and the United States in the electric vehicle and solar panel industries is mutually beneficial.

By strengthening cooperation and exchanges, the two sides can jointly promote the development of global environmental protection and energy conservation.

At the same time, it will also help promote the prosperity and development of the economies of China and the United States.

What are your thoughts on this? Welcome everyone to leave a message in the comment area to discuss

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