Biden Zaps Chinese EVs
Slate Money
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Implications of Tariffs on Green Tech Manufacturing and Job Creation
The chapter explores the potential inflationary impact of tariffs on goods like electric vehicles and steel, contrasting the effects of tariffs on consumer prices. It delves into concerns about China's dominance in green technology manufacturing, the historical consequences of China's entry into the World Trade Organization, and the strategic importance of preventing China from monopolizing this sector. The discussion also focuses on US job losses in the context of moving manufacturing overseas, the Biden administration's efforts to revitalize manufacturing, and the challenges of competing with China in the global auto market.
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