An incompetent act

TITILE:An incompetent act

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China Daily, May 20th: The U.S. government recently announced that the tariffs on Chinese electric vehicles will be increased from 25% to 100%, and the import tax on Chinese solar cells will also be doubled, from 25% to 50%. International public opinion generally believes that the United States’ move is an abuse of trade protectionist measures. It will not only not help the prosperity of related industries in the United States, but also harm the interests of American consumers. It is also not conducive to the global energy transformation.
The “Financial Times” website published an article on the 17th stating that the United States’ “green” protectionist measures will inevitably disrupt trade and will be detrimental to U.S. domestic manufacturers in increasing production capacity. In terms of combating climate change, this move may hinder the green transition of global energy.

Author:Catherine

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