{"id":57682,"date":"2024-05-24T04:08:11","date_gmt":"2024-05-24T04:08:11","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/05\/24\/elon-musk-says-he-opposes-us-tariffs-on-chinese-electric-vehicles\/"},"modified":"2024-05-24T04:08:12","modified_gmt":"2024-05-24T04:08:12","slug":"elon-musk-says-he-opposes-us-tariffs-on-chinese-electric-vehicles","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/05\/24\/elon-musk-says-he-opposes-us-tariffs-on-chinese-electric-vehicles\/","title":{"rendered":"Elon Musk says he opposes US tariffs on Chinese electric vehicles"},"content":{"rendered":"
\"Elon<\/div>


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Tesla boss Elon Musk says he opposes US tariffs on Chinese electric vehicles (EVs), just days after President Joe Biden quadrupled levies on EVs imported from China.<\/p>\n

“Neither Tesla nor I asked for these tariffs”, the multi-billionaire told a technology conference in Paris via video link.<\/p>\n

Mr Musk’s comments are at odds with a warning he made in January that Chinese car makers would “demolish” competitors from other countries if there were no trade barriers.<\/p>\n

Last week, the White House said new measures, including a 100% tariff on EVs from China<\/a>, were a response to unfair policies and intended to protect US jobs.<\/p>\n

“In fact, I was surprised when they were announced. Things that inhibit freedom of exchange or distort the market are not good,” Mr Musk said on Thursday.<\/p>\n

\u201cTesla competes quite well in the market in China with no tariffs and no deferential support. I\u2019m in favour of no tariffs,” he added.<\/p>\n

Mr Biden has maintained a number of tariffs on China that were introduced by his predecessor Donald Trump, while increasing trade pressure on Beijing.<\/p>\n

Last week, Mr Biden vowed to not let China “unfairly control the market” for electric vehicles and other key goods, including batteries, computer chips and basic medical supplies.<\/p>\n

China said it was opposed to the tariff hikes and would take retaliatory measures.<\/p>\n

This week, China launched an anti-dumping probe<\/a> into imports of a widely used plastic from the US, EU, Taiwan and Japan.<\/p>\n

The announcement from the Ministry of Commerce that it will investigate imports of polyoxymethylene copolymer – which is used in electronics and cars – was seen as a signal that China will hit back in its trade disputes with the US and Europe.<\/p>\n

Also this week, China signalled it could hit cars with large engines imported from the EU and US with tariffs of as much as 25%.<\/p>\n

The China Chamber of Commerce to the EU said it had been told about the potential move by what it called “insiders”.<\/p>\n

The European Commission (EC), which oversees the EU’s trade policies, has given itself a 4 July deadline to decide whether to impose measures against imports of Chinese-made EVs.<\/p>\n<\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Tesla boss Elon Musk says he opposes US tariffs on Chinese electric vehicles (EVs), just days after President Joe Biden quadrupled levies on EVs imported from China. “Neither Tesla nor I asked for these tariffs”, the multi-billionaire told a technology conference in Paris via video link. Mr Musk’s comments are at odds with a warning […]<\/p>\n","protected":false},"author":2,"featured_media":57683,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/ichef.bbci.co.uk\/news\/1024\/branded_news\/200a\/live\/29096530-197e-11ef-b109-d7399a006ab0.jpg","fifu_image_alt":"","footnotes":""},"categories":[604],"tags":[3394,4178,2534,6039,38600,18165,4179],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/57682"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=57682"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/57682\/revisions"}],"predecessor-version":[{"id":57684,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/57682\/revisions\/57684"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/57683"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=57682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=57682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=57682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}