Biden imposes new tariffs on China.
Tangle
Isaac Saul
4.8 • 672 Ratings
🗓️ 16 May 2024
⏱️ 38 minutes
🧾️ Download transcript
Summary
Biden's China tariffs. On Tuesday, President Biden announced major new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment, covering $18 billion worth of Chinese imports. The largest tariffs are on imports of electric vehicles, quadrupling the proportion of the tax from 25% to 100%.
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Transcript
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| 0:35.2 | From executive producer Isaac Saul, this is Tangle. |
| 0:44.8 | Good morning, good afternoon and good evening and welcome to the Tangle podcast, the place we get views from across the political spectrum, some independent thinking, and a little bit of my take. |
| 1:00.6 | I'm your host, Isaac Saul, and on today's episode, we are going to be talking about tariffs. |
| 1:07.0 | That is, President Biden's new tariffs that are pretty significant. |
| 1:12.5 | This is a big deal. |
| 1:15.3 | It's going to impact a lot of American consumers and potentially our trade relationships with China. |
| 1:21.3 | So we're going to jump and explain exactly what's happening. |
| 1:24.9 | Before we do, though, I want to give you a couple quick heads up. |
| 1:27.2 | First of all, I talked a give you a couple quick heads up. First of all, |
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| 1:54.7 | possible. So just giving you a heads up that that's coming. Also, one to let you know about |
| 1:59.7 | two other things. First of all, tomorrow, |
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