Biden’s increased tariffs on China: Yahoo Finance recaps

Подписаться 1,2 млн

Просмотров 7 тыс.

50% 1

President Biden recently announced expanded tariffs on Chinese imports. These include a 100% tariff on EVs, a 50% tariff on solar products, and a 25% tariff on Chinese steel and aluminum. Yahoo Finance also had an exclusive interview with President Joe Biden to ask further questions. Other segments in the recap include guest Pangea Policy Founder Terry Haines and Yahoo Finance reporters.
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: / yahoofinance
Instagram: yahoofinanc...
TikTok: www.tiktok.com/@yahoofinance?...
Facebook: / yahoofinance
LinkedIn: / yahoo-finance
#biden #china #yahoofinance

Опубликовано:

1 июн 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 65

@ps_pol_xbox9036 12 дней назад

he is doing the exact same thing he criticized trump for doing.

@SGD515 14 дней назад

These tariffs will help the local to increase prices and therefore detrimental to US consumers, not Chinese. China can divert to other countries.

@tooltalk 12 дней назад

the average cost of EVs in the US down past 2-3 years without China. China can NOT divert to other countries because there isn't much EV market outside the EU/US.

@user-hj2zr1pk7v 12 дней назад

Do you mean instead cheap Chinese goods Americans should handle 10 times more expensive American products? so inflation still too low and people can deal more and more inflation? If Americans cannot produce fast just learn from scratch why must cover the truth and attack others? Is this the way to solve problem？

@tooltalk 12 дней назад

And no worries. No Americans are under delusion that China is pro-consumer.

@kennySg101 14 дней назад

Americans is going to vote for some guys to increase their taxes. Sound stupid but it is true.

@blazeorangeandcamo 14 дней назад

I won't vote for either Trump or Biden now

@SGD515 14 дней назад

Tariffs are definitely inflationary!

@thebrowndoecorporation5564 14 дней назад

Americans pay the tariff tax, not the Chinese. And they can sneak those products in through the US' other trading partners.

@jfarm30 14 дней назад

Yes but if we don’t have a choice. China has built the largest electric car production through government subsidies and they plan on dumping those cars in America. They will run American ev makers out of business.

@mariajiao4855 13 дней назад

@@jfarm30US subsidies too. But still lost.

@mariajiao4855 13 дней назад

@@jfarm30maybe US evs should be out of biz

@jfarm30 13 дней назад

@@mariajiao4855 no, the US does not subsidize nearly like China, not even close!! And if American car companies were subsidizing like China EV industry that wouldn’t be out of business. The US is doing the right thing, they have to level the playing field.

@tooltalk 12 дней назад

@@mariajiao4855 the US does not subsidy export. China gives export credit/rebates when they leave China's ports, so they are now flooding Europe's ports with unsold Chinese EVs.

@karlwatson45 11 дней назад

Tariffs on Chinese EVs are a sign that the US simply can't compete. The US government know that as soon as the US public become aware of BYD and their range of EVs . It's over for US EV manufacturers.

@SGD515 14 дней назад

China's cost of production is much lower than US rather than dumping their products to US.

@user-cg3sl8zu5c 11 дней назад

Wow,what an indirect way to tax😂😂😂.Like if you agree

@jawadad73 11 дней назад

...or: ' how to make the energy transition as costly as possible...' wtf?!

@JB-ls4er 14 дней назад

That was pretty unbiased, I’m actually surprised

@beew9743 9 дней назад

Put 200%tariff on Timu.

@we7341 14 дней назад

It's about time to put America first.

@eddylee3826 13 дней назад

Will never happen , its making ameeica robots greater with AI , they will be takng majority of ameeican jobs within 10 years ! You lose again!

@catinbootsnow4267 13 дней назад

American car makers can set prices of their products at 180% of those Chinese cars to keep the retailing prices 10% lower than the Chinese cars after 102.5% tariffs.

@willeisinga2089 14 дней назад

Trade has become, Sanctions, Tarifs, Taxes. Real Prices non important.

@mrcmid9132 13 дней назад

💡 tariffs will definitely slow the economy down.

@mohsinjawhari5711 14 дней назад

Revux isn't just a project; it's a catalyst for change - the next big thing in crypto that's sparking enthusiasm among investors eager to be part of a transformative journey.

@x111tian 13 дней назад

i remember the united states used to invade other countries in the past when they do it to them

@ybandrew5629 7 дней назад

Colonial master looking for country to invaded "the land of the free" 😮😮😮

@Perfect_Pizza 14 дней назад

Come on man! The thing. You know.

@pokerpaul1000 14 дней назад

china vs us. well lets says all birthdayparties are different ey hihi

@ybandrew5629 7 дней назад

US is on a decline faster than before 😮😮😮blame those keep voting the same garages 🎉

@franciskenyi3139 14 дней назад

The evil man is taking

@WTW1689 14 дней назад

Tariff and sanction on supply side, inflation always high

@jamesteh829 14 дней назад

Sell all US Treasury bonds

@henryneoch7366 14 дней назад

China knows what to do abt the treasury bond - believe u me.

@object85 6 дней назад

Biden mumbles when he speaks. Hard to understand, while Trump wings what he says. Other presidential candidate RFK sounds like a machine gun when he speaks. Uggggg

@blazeorangeandcamo 14 дней назад

Hey Joe what do you know you just lost my vote. Id rather see Trump come back and bring the whole crapshow down

@brm1279 14 дней назад

How many showers did Biden take with his daughter?

@ChristianBoday 12 дней назад

Quite a few according to her diary

@YuvrajSingh-bz2ih 14 дней назад

Revux is more than an investment; it's an opportunity to be part of the next big thing in crypto, where success and innovation intertwine to shape the future of digital currency.

@RamchandTakia 14 дней назад

In the realm of crypto possibilities, Revux stands out as the next big thing, offering a pathway to success that goes beyond the ordinary and embraces the extraordinary.

@babitakushwah6287 14 дней назад

Investors navigating the crypto landscape are drawn to Revux - the next big thing that's poised to redefine success and create new pathways for those who recognize its transformative potential.

@user-hj2zr1pk7v 12 дней назад

@Gaming_Ayush654 14 дней назад

The future of crypto is unfolding, and Revux is leading the charge as the next big thing - a project that promises to set new standards for success and redefine investment strategies.

@RamchandTakia 14 дней назад

As the crypto landscape evolves, Revux emerges as the next big thing, offering investors an opportunity to be at the forefront of innovation, success, and transformative growth.