But unlike Trump, Biden’s import duties are thought out and serve a purpose.
“Biden’s narrower aim is to drive up the price of Chinese vehicles in an effort to give American EV makers the time they need to create a thriving domestic industry. As the White House said, “This action advances President Biden’s vision of ensuring the future of the auto industry will be made in America by American workers.”
“Biden’s initiative also is a direct response to alleged aggressive Chinese dumping of low-cost EVs aimed at dominating the world market, something it is doing in Europe though not yet in the US”