Why is US imposing 100% tariff on Chinese electric cars? 

So, free market only when it suits the US. 😂😂😂

Because they can't compete with China 😂😂😂

US was never pro-capitalism!

US made cars still very expensive with 100% tariff. Poor US consumers.

There was never an overcapacity issue when the time western and Japanese cars flooded into Chinese market.

because they cant compete wirh china thats why

Tarifs is another Word for Taxes. Americans Pay the Taxes. Not the Chinese.

Calling US dellusional is an understatement😂

A few years ago, when Tesla wanna enter the Chinese market. China has a few options, one is to stop it by raising tariffs, and the second option is to ask it to form a new company with a 50 % share owned by a Chinese company. However, China goes with one that fully opens the market to Tesla, lets it own 100% share, and even subsidizes its running cost. Yes, many Chinese EV companies died after Tesla joined the game, but it does make the ones survive strong. Today, the US can easily put tariffs on Chinese EVs, however, it means the American EV makers won't improve. Later, the US will have to face a tougher decision of raising tariffs on the EU, Japan, and other friends.

American protectionism against free trade again

And its the average Amerca working class that suffers, buying expensive US made vehicals, no free capitalist competition allowed , The USA is looking more like Totalitarian Communist and China more like Capitalist, how ironic how things change

100% tariff on $0 is still $0. Basic math.

BYD ceo already said he cant care less about american market, its building affordable ev to dominant lower income countries, Mexico plant has sold zero car to the US

To "Protect" the American Car Companies who have been cutting way back on their commitment to building EVs

This is atrocious, I've never been so angry, such a backwards horrible policy. They turn off comments on other platforms because they know how outrageous this policy is. Why do Americans let this happen?

Free market never existed, all developed nations used protectionism to develop their own industries, but they tell third world countries free market is the way when they do the opposite.

Great! I now place an order for Xiaomi su7 car and have to wait in line to get the car next year, and overcapacity is all a lie of politicians. Americans don't grab quality cars from me

USA cannot dictate trade in world

They still may be cheaper 😂

The US-Mexico trade is booming, and it makes the Americans so happy, that they forget to question where all those businesses or factories came from. They thought only the EVs were from China.

Chinese EV's are not even going into the US market. Even if the US impose 200% tariff, it will not affect the Chinese manufacturer, after all it's the American public who's paying for the extra tariff for the sake of the US government trying to protect the local manufacturers.. That's the logic, deprive the millions to satisfy the thousands. Penny wise but pound foolish..

Making Electric cars unaffordable for the working class.

The EU have been considering tariffs as well and by extension the UK will follow. Nothing built in europe or the US will be cheap. If they do put tariffs on in europe/UK bang goes any hope of ev's becoming mainstream. No one used to complain about cheap Ladas and Skodas etc. back in the day. The politicians don't get it the average working person doesn't have the money!!

the u.s. should support EV instead of banning them. what about climate change?

Actually Americans consumers will pay more on those tariff goods.

Why is he running around the studio?does it make him look important😂

That’s purely authoritarianism, let the Americans have the freedom to choose what they want

That picture of Joe is hilarious and cringy all at the same time. I would have picked a picture of Joe with aviators 😂

China: overcapacity of tariff😅

According to Bloomberg Ford is losing $100K for every EV it sells, while there isn't even any Chinese EV in America. So how would the 100% tariffs going to save it? 🤔

No one take Biden government seriously 😂😂😂

Why ? Because they are scared. They just cannot compete. But China has a 60M car a year outside of US and EU which is plenty.

free country, unfree market

Perhaps China shall impose a 100% tariff on the main U.S. export of the $USD?

Read my Lips. No more Taxes. But Tarifs.

Never interrupt your enemy when he is making a mistake

US doesn’t even buy that much of EV’s and it wouldn’t because US consumers still likes those Fast and Furious type of cars, US produces oil and gas, US doesn’t have sufficient charging stations nor does it have enough charging facilities at home. If the excuse is US is preparing for the future investment then companies need to invest huge amount and wait, if ever very long time to get pay back. If Trump comes back he will just put brakes on green EV and invest in fracking. At the end I would advise China to let it go. Let US politicians do what it does.

because American are happy to pay for expensive inefficient American e-cars

Otherwise, EV market in the US will crash & consumers will buy EV at a cheap rate.

Tariffs is paid by american consumer not by China. American are just paying more from tariffs. EU accounted for 36% of Chinese EV exports last year, more than the next five largest markets combined. By contrast, the United States currently receives just 1.1% of China's EV exports.

China ev car sold in local market are cheap but they sell more than double the price overseas. So it's not dumping

It's not going to work. China will open new factory in Mexico or Vietnam and mass export them to the US 😂😂

Because they are cheaper and better than American cars , we all saw this coming..😅 The number one economy that can't compete

US is losing the competition

This kind of irrational policy is self-destructive.....

Watch imports via other countries increase like Mexico. What happened ro capitalism? This could increase demand of hydrogen.

Looks like Tesla will have to close its Shanghai plant as retaliation

The American technology media Electrek published an article on the 12th saying that it is ironic that China is often accused of "not doing enough" to deal with climate change, but now the United States says they are "doing too much" in electric vehicles and solar energy. In 2020, Biden proposed during the campaign: abide by the commitment of the 2020 'The Paris Agreement' (Climate Change Agreement) and reduce carbon emissions. In 2020, Biden proposed in the National Security Strategy that the U.S. auto industry should enter "Industry 4.0" in order to mass-produce electric vehicles. In 2021, Biden emphasized that by 2030, the United States will achieve the goal of more than 50% of new cars being electric vehicles. In 2021, Biden signed the "Bipartisan Infrastructure Law", committing to provide US$7.5 billion in funding to build a nationwide electric vehicle charging network, and setting the goal of "building 500,000 public charging piles by 2030." However, as of today, only 4 states in the United States have built and put into operation a total of 7 public charging stations and a total of 38 charging piles. In 2024, Biden calls for higher tariffs to boycott Chinese electric vehicles. "We're very explicitly subsidizing investments in these important strategic areas. We don't want to see massive Chinese subsidies that will just drive our firms out of business."--US Treasury Secretary Janet Yellen May 2024 Translation: We'll support US industries with subsidies because it's strategic, but when others do it, it's unfair competition.

Removing fords competition as ford can’t sell any

If someone is doing good is a bad thing, unless is the us who is doing good.

Enjoy the inflation, guys.

We the US imposed sanctions because we can’t compete

I'm an old man, but I am not in politics. Biden is an old man, and he's in politics.

Why is the UK obssessed with US?

Simply ban thenm.. No need for a tariff.

WARREN BUFFET FUNDED BYD LOL HAHAHAHAHAHAHAHHAHAHAHAHAHAHHA

😂 poor consumers

US can't compete 😂😂😂😂😂😂

There goes the neighbourhood. Wrong move, wrong move.

They did the same thing when japan was a super economy in the 1980s it scared america so they made the value of the yen 50% less valued

Great information with excellent use of data/figures

this is anti sinosemetic

"Western free Market" they claim lol

He was running out of breath by the end.

They should also tariff those Chinese for being so greedy. 🤣

It’s to protect the profit of American car companies

Feel sorry for American consumers. They are the ones who miss out

So let’s promote a green future while we make sure nobody can afford to do it . Makes sense .

it's Precautionary punitive tariffs, or PTSD tariffs.

I have never seen such a double standard country unlike western country mainly USA, this guys talking about free and fair competition for the market of other countries in asia, south america and Africa but when come to their countries they imposed double tarrif!! Usa is like prostituted fluctuate rate according to customer financial capacity 😂😂😂

Because US GOV. IS MAD, CHINEESE CARS HAVEN'T SOLD IN USA MARKET YET.

And thats is democracy freedom😂😂

Sorry for us customers 😂

I am sure the continuing support of China to Russia has nothing to do with that.

Interesting how Americans are calling it "car wars" when China hasn't done anything in response 😂

Wheres the tariffs go? My pockets bro..free money from consumers..usd 10.000+taxes...yeah bring it on..😅

china welcomed telsa while us banned chinese evs So who is the real free market😂

Biden doesn't want to lose against Trump, that's the reason.

The Yanks clearly unable to compete with the Chinese. We saw what they did to Huawei

Stop American bashing! Every day 136,000,000 Americans buy a product from a Chinese person, 190,000 Chinese students study in the USA, do 136,000,000 Chinese people buy an American product every day, are there 190,000 American students in China ?

one simple reason: they're afraid😮

Does the tariff apply to Tesla EVs made in China?

At the end of the day, people of the US will be sufferer

Im from mexico i will import chinese and rebrand it 😂😂😂

who afraid ?

I was lied to, I thought America is the beacon of American capitalism and free market. But since they are now losing, the real face of America was shown and its just utterly hypocritical of them to tell poor countries they should adapt free market but doing the opposite on their economy.

It is just the beginning. Big fight is coming.

Because American EVs are rubblish and can hardly compete with chinese EVs.😅😅😅

US was just to much stuck to petrol cars trend due to petroleum business. They could easily done this way before Musk came out with Tesla which generate market interest. China on the other hand are investing a lot in development and with design catching up with top brands. The different story it’s usability and future second hand market. What will be left from a 20 years old electric vehicle? Now one knows. With petrol engines it’s much easier at least till this point.

Smart move. They do the same in there country

Here’s a wild idea. Why doesn’t America come together and build more affordable cars? Got Ford selling their trucks for $50k+. $50k+ for a freaking Ford! 😂

Show time for voters❤

Free market 😉😉

Who's idea was it to use charts with very slightly different shades of grey for each country? Feel like I'm taking an eye test.

No more marketing for political campaigns, especially, voters are needed

A sure sign that your country can no longer compete on the so-called free market.

Because the US is falling behind like a little baby LOL

China should impose 100% tariff on US made automobile and airplane !!!

What about WTO rules?

Fun Fact: He imposed 50% tariff on made in China Syringe. He thinks American junkies won’t buy the needles because it’s $1 more.