The Biden administration has recently intensified its trade measures against China, doubling tariffs on Chinese chips to 50 percent and quadrupling tariffs on Chinese electric vehicles to 100 percent. These significant increases reflect a growing concern in the United States over China’s rapid technological advancements and innovation.
CGTN commentator Zheng Junfeng has highlighted the implications of these moves, suggesting that the heavy tariffs reveal the U.S.’s deep-seated fear of being outpaced in the tech sector. \
Reference(s):
How sad! U.S. tariffs used as shield against Chinese competition
cgtn.com
