President Biden announced a series of major tariffs today on several Chinese imports.

The world's two largest economic superpowers are colliding over the future of electric vehicles

and other industrial sectors.

It comes just about six months before the election as both President Biden and former

President Trump are battling to sell voters on their visions for the economy, manufacturing, and jobs.

Lisa Desjardin begins our coverage with this report.

After reviewing former President Trump's tariffs on Chinese imports, President Biden is adding to them.

I want fair competition with China and not conflict, and we're in a stronger position to win that economic competition

of 21st century against China than anyone else

because we're investing in America again, in American workers.

He's targeting Chinese manufacturing, especially green tech, hitting roughly $18 billion worth of goods annually, including a more than 100% tariff on Chinese electric vehicles, nearly tripling the current amount.

Tariffs will also go up for solar cells to 50%,

lithium ion batteries to 25% and Chinese steel and aluminum products to 25%. and States is trampling on the principles of market economy and international trade rules.

It is a blatant act of bullying and hegemony. But Biden is arguing that China is far worse, a global

trade manipulator.

We're not going to let China flood our market.

Biden there means the electric vehicle industry.

China is overwhelming some world markets selling EVs with a sticker price as low as $11,000.

The US says the Chinese state is making up the difference, artificially slicing prices.

Europeans charge, it may be illegal.

In 2020, Biden once said he would end previous Chinese tariffs,

but he is expanding them now while battling a political

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