President Biden Announces New Tariffs on Chinese EVs, Semiconductors, Solar Cells and More
May 15, 2024 ·
41m 2s
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Description
Leslie is joined by Scott Paul, President of the Alliance for American Manufacturing (AAM), a partnership established by some of America’s leading manufacturers and the United Steelworkers union. First, Scott...
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Leslie is joined by Scott Paul, President of the Alliance for American Manufacturing (AAM), a partnership established by some of America’s leading manufacturers and the United Steelworkers union.
First, Scott breaks down today's move by President Biden to levy new tariffs on Chinese electric vehicles, semiconductors, batteries, solar cells, steel and aluminum. The tariffs on Chinese EVs will rise to 100%, quadrupling the current tariff of 25%.
It's the latest bid by the Biden administration to keep China from undercutting U.S. companies and threatening U.S. manufacturing jobs, many of which are union jobs.
Second, Leslie and Scott discuss yesterday's Substack piece by Elizabeth Pancotti at Roosevelt Forward, titled, "Why It’s Good, Actually, That You Can’t Buy the World’s Cheapest Electric Vehicle." (Link--> https://rooseveltforward.substack.com/p/why-its-good-actually-that-you-cant)
Next, Scott explains why what’s happening at ports in Belgium should worry both American automakers and policymakers.
Finally, Leslie and Scott explore how America is at a crossroads when it comes to trade policy.
For over 16 years, Scott Paul and AAM have worked to make American manufacturing a top-of-mind issue for voters and our national leaders through effective advocacy, innovative research, and a savvy public relations strategy.
Their website is www.AmericanManufacturing.org and their handle on X is @KeepItMadeInUSA.
Scott's handle is @ScottPaulAAM.
(Image Credit: Tierney L. Cross/Bloomberg)
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First, Scott breaks down today's move by President Biden to levy new tariffs on Chinese electric vehicles, semiconductors, batteries, solar cells, steel and aluminum. The tariffs on Chinese EVs will rise to 100%, quadrupling the current tariff of 25%.
It's the latest bid by the Biden administration to keep China from undercutting U.S. companies and threatening U.S. manufacturing jobs, many of which are union jobs.
Second, Leslie and Scott discuss yesterday's Substack piece by Elizabeth Pancotti at Roosevelt Forward, titled, "Why It’s Good, Actually, That You Can’t Buy the World’s Cheapest Electric Vehicle." (Link--> https://rooseveltforward.substack.com/p/why-its-good-actually-that-you-cant)
Next, Scott explains why what’s happening at ports in Belgium should worry both American automakers and policymakers.
Finally, Leslie and Scott explore how America is at a crossroads when it comes to trade policy.
For over 16 years, Scott Paul and AAM have worked to make American manufacturing a top-of-mind issue for voters and our national leaders through effective advocacy, innovative research, and a savvy public relations strategy.
Their website is www.AmericanManufacturing.org and their handle on X is @KeepItMadeInUSA.
Scott's handle is @ScottPaulAAM.
(Image Credit: Tierney L. Cross/Bloomberg)
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