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What Is the Impact of Biden’s New China Tariffs?

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What Is the Impact of Biden’s New China Tariffs?
Electric cars for export stacked at the international container terminal of Taicang Port in Suzhou, Jiangsu Province, China, on April 16, 2024. STR/AFP via Getty Images
Christopher Balding
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Commentary

President Joe Biden recently announced that he would levy new tariffs on Chinese goods and maintain the tariffs that the Trump administration enacted. Let us leave aside the politics and focus on the impact and purpose of the new tariffs.

Christopher Balding
Christopher Balding
Author
Christopher Balding was a professor at the Fulbright University Vietnam and the HSBC Business School of Peking University Graduate School. He specializes in the Chinese economy, financial markets, and technology. A senior fellow at the Henry Jackson Society, he lived in China and Vietnam for more than a decade before relocating to the United States.
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