Punitive tariffs against China

E-cars: Why a global trade war is looming

The US election campaign is picking up speed - and Europe is getting heavily involved. With the announcement of heavy US tariffs on electric cars and other Chinese goods, the trade conflict between the USA and China is intensifying. The Middle Kingdom is threatening consequences that will also have a direct impact on the EU.

Such radical actions are actually more familiar from Donald Trump: US President Joe Biden is blocking electric cars from China from entering the US with special tariffs of 100 percent (previously 25 percent). The US government is also imposing new or significantly increased tariffs on solar cells, semiconductors, port cranes and medical products such as cannulas and protective masks, among other things.