Taipei/London CNN —Beijing says it will take “all necessary actions” to protect its rights as US President Joe Biden announced huge tariffs on imports of electric vehicles and other goods from China.
“China opposes the unilateral imposition of tariffs which violate (World Trade Organization) rules, and will take all necessary actions to protect its legitimate rights,” Chinese foreign ministry spokesperson Wang Wenbin told reporters Tuesday in a regular press briefing shortly before the widely anticipated White House announcement.
In addition to Chinese EVs, the increase in US tariffs will apply to imports of steel and aluminum, legacy semiconductors, battery components, critical minerals, solar cells, cranes and medical products.
The new tariff for solar components will be 50%, while the remainder of the targeted imports will attract tariffs of 25%.
Leaders from the Group of Seven developed economies will discuss how to protect their industries at a summit next month.
Persons:
London CNN —, Joe Biden, Wang Wenbin, Biden, Wang, ”, ” Wang
Organizations:
London CNN, Trade Organization, European
Locations:
Taipei, London, London CNN — Beijing, China, United States, Europe, Beijing