Biden to increase tariffs on $18 billion in Chinese imports in a new warning to Beijing

President Joe Biden is increasing tariffs on $18 billion in Chinese imports across a handful of sectors deemed strategic to national security – an attempt to cripple Beijing’s development of critical technologies and instead prioritize U.S. production.The increases will apply to imported steel and aluminum, legacy semiconductors, electric vehicles, battery components, critical minerals, solar cells, cranes and medical products.

“It was important to have a large enough step-up in the tariffs to ensure that we try to level the playing field,” a second senior administration official said.Beijing has been known to introduce costly counterpunches. Chinese foreign ministry spokesperson Wang Wenbin told reporters Tuesday that China opposes “the unilateral imposition of tariffs which violate rules, and will take all necessary actions to protect its legitimate rights.

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