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Is business today. It is packed. Were starting in the us where President Joe Biden has said that china is cheating, not competing on trade as introduced tariffs on 18 billion worth of imports and Electric Vehicles to steal. He has accused the country of unfairly subsidising its Clean Energy Sector and flooding International Markets with cheap exports which is says hertz American Businesses and workers. Our north American Business correspondent has more from new york. Its not often we find former president and agreement but we have seen President Biden keeping tariff enacted by his predecessor and increasing them. They focus on key Technologies Powering Green Transition and approve a 100 tariff on Electric Vehicles imported into the us, up from 25 . A doubling of the levy on solar cells to 50 and on semiconductors, to 50 . President biden says they are designed to protect us manufacturers from being undercut by china in the industries of the future, from Electric Vehicles to solar cells

Joe bidenElectric vehiclesBorder taxInterest ratesTax on electric vehiclesBig tech companies jostle for dominanceChop blockBusiness newsFrench rivieraFilm industryBusiness todayPresidentjoe biden has8 billion18 billionBusiness correspondentNorth american