Biden Plans Tariffs on Chinese Electric Vehicles | Vantage with Palki Sharma
Biden Plans Tariffs on Chinese Electric Vehicles | Vantage with Palki Sharma
US president Joe Biden is reportedly planning to extend Trump-era tariffs on Chinese electric vehicles. Biden’s allies in Europe are also investigating Chinese EV makers with punitive action expected to follow. China’s state subsidies have spawned hundreds of EV makers in the country, driving down prices. Western car-makers and politicians fear that cheap Chinese EVs will flood their markets and affect local producers. The auto industry employs millions of people in the West and makes up a considerable share of their GDP. Will the West’s war on Chinese EVs backfire? Can Chinese EVs dominate the auto market in the coming decades? Palki Sharma tells you.
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Chinese EVs | Electric Vehicles | Europe | European Union | Tariffs | Technology | Law | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#chineseev #electricvehicle #europe #europeanunion #tariffs #technology #law #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.
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