The president’s move to protect strategic manufacturing sectors from low-cost competition aims to increase jobs, but consumers might not like the costs.
Electric vehicles shouldn’t be a luxury item, but Biden’s tariffs mean they may remain so.
Las subvenciones a la industria y la debilidad de las ventas al interior de China han preparado el terreno para un auge de las exportaciones del país, lo que hace temer la pérdida de puestos de trabajo en fábricas de otras partes del mundo.
Automakers in the United States and their supporters welcomed President Biden’s tariffs, saying they would protect domestic manufacturing and jobs from cheap Chinese vehicles.
The White House has imposed $18 billion in new duties on Chinese imports, but it’s unclear how much that will help his economic agenda.
The president is set to announce increased taxes on Chinese imports in strategic industries, building on former President Donald J. Trump’s tariffs.
Heavy subsidies for industry, together with weak sales in China, have set the stage for an export boom, raising fears of factory job losses elsewhere.
The president is trying a targeted approach, with allies, to beat Beijing in the race to own the clean energy future. Those weren’t his predecessor’s goals.
The president has proposed new barriers to Chinese electric vehicles, steel and other goods that could undermine his manufacturing agenda.
Una conducción autónoma más capaz es solo una de las maneras en que los fabricantes de automóviles chinos amenazan con tomar la delantera: sus vehículos eléctricos también se están volviendo más grandes y espaciosos.
More capable autonomous driving is just one way Chinese automakers are threatening to pull ahead — their E.V.s are also becoming bigger and roomier.
Elon Musk met with the country’s premier, a longtime Tesla ally, and secured regulatory nods and a necessary partnership with a Chinese tech company.
Tesla’s C.E.O. appears to have landed a deal that moves the company closer to bringing fully autonomous driving to a giant market. But Beijing is keen to exploit the visit for its own purposes.
Manufacturers like BYD, Tesla and Li Auto are cutting prices to move their electric cars. For gasoline-powered vehicles, the surplus of factories is even worse.
Analysts expect first-quarter results to show a decline in profits, fueling worries that competitors will grab a bigger slice of slowing electric car sales.
Paris is becoming a city of bikes. Across China, people are snapping up $5,000 electric cars. On Earth Day, a look at a few bright spots for emission reductions.
From cars to solar panels to furniture, China is using lavish bank lending and enormous investments in robotics to cement its global leadership in manufacturing.
He wants China to win the race to provide climate solutions and assume the global leadership that would come with it.
Chancellor Olaf Scholz tried to promote German business interests while delivering warnings from Europe about trade and geopolitical tensions.
Elon Musk’s factory in China saved his company and made him ultrarich. Now, it may backfire.