The Biden administration seems to be in denial about China’s staggering advantage.
Treasury Secretary Janet L. Yellen warned that China’s industrial strategy posed a global threat that requires a united response.
The president’s move to protect strategic manufacturing sectors from low-cost competition aims to increase jobs, but consumers might not like the costs.
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 electric vehicles, steel and other goods.
The administration could raise tariffs on electric vehicles from China to 100 percent in an attempt to protect American auto manufacturers.
The president has proposed new barriers to Chinese electric vehicles, steel and other goods that could undermine his manufacturing agenda.
Ursula Von der Leyen, the European Commission president, pushed Beijing to help rein in Russia’s war in Ukraine after meeting with the Chinese and French leaders in Paris.
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.
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.
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.
La planta de Volkswagen en Zwickau dejó de producir autos Golf y se cambió a los vehículos eléctricos, dejando en evidencia los riesgos y oportunidades para los pueblos y ciudades industriales.