President joe biden has increased tariffs on 18 billion worth of imports from china. Hes accused the country of unfairly subsidising its Clean Energy Sector and flooding International Markets with cheap goods. From new york, the bbc s erin delmore reports. It is not often we find former President Trump and current present biden in agreement but President Biden is not only keeping tariffs enacted by Spread Assessor but increasing them. They focus on the key technologies that power the green transition and include a 100 tariff on all chinese made electric vehicles imported into the United States. That is up from 25 . And a doubling of the levy on solar cells to 50 and a doubling of the Levy 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 ev to solar cells, semiconductors, steel and illuminance and even Health Equipment like gloves and masks. , equipment like gloves and masks. I,
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
They focus on the key technologies that power the green transition and include a 100 tariff on all chinese made electric vehicles imported into the United States. That is up from 25 . And a doubling of the levy on solar cells to 50 and a doubling of the Levy 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 ev to solar cells, semiconductors, steel and illuminance and even Health Equipment like gloves and masks. China heavily subsidised these products which china produces more of than the world can absorb and then dump the excess on the market. Driving other manufacturers around the world out of business. China has criticised the plans and vowed to take all necessary actions in response. But since the imports targeted represent less than 5 of total us imports from china the move could carry more symbolic weight and could be a move to attract voters, november. The tariffs will hav