The Joe Biden White House imposed high tariffs on Chinese technological products, including electric vehicles (EVs), solar panels, batteries, and semiconduct...
  • bamboo@lemm.ee
    51·
    6 months ago

    All these tariffs do is drive up prices for US consumers and reduce competition. Its obnoxious. But it sticks it to the boogeyman so morons will eat it up.

    The US is also really pushing the capabilities of its sanctions, especially for near-pears. BRICS is growing increasingly stronger as a non-US-aligned world order, and every sanction and tariff imposed by the US forces BRICS members to work together more, ultimately benefiting those countries and weakening the US’ standing.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOPM
      53·
      6 months ago

      Exactly right, the only people who benefit from this are US oligarchs, and they benefit directly at the expense of the working majority who are forced to pay higher prices. Furthermore, putting tariffs on green tech like solar panels and EVs in a middle of a climate crisis is literally a crime against humanity.