In a surprising move, the Biden administration has doubled tariffs on Chinese chips to 50% and quadrupled tariffs on Chinese electric vehicles to a whopping 100%. 🚗💥
This steep hike has left many wondering: Is the U.S. shielding itself from the Chinese mainland's rapid tech innovation? According to CGTN's Zheng Junfeng, these heavy tariffs reveal a deep-seated fear of being outpaced. Meanwhile, the Chinese mainland keeps its doors wide open, with 1.7 million Tesla vehicles cruising its roads. 🛣️⚡
Zheng poses a critical question: With such contradictory policies, will these tariffs backfire on the U.S.? Who's the real loser in this escalating trade tension? 🤷♂️
As global youth, it's essential to stay informed about how these decisions shape our world's economic and technological landscape. 🌐✨
Reference(s):
How sad! U.S. tariffs used as shield against Chinese competition
cgtn.com
