Chinese electric vehicles offer a solution for the Biden administration's aims of reducing carbon emissions and consumer prices, but policies hinder their entry due to past economic impacts of the 'China shock'.
Biden's administration, aiming to prevent job losses like those from the 'China shock', maintained tariffs on China, introduced new trade restrictions, and invested in domestic manufacturing, complicating the introduction of Chinese EVs.
#biden-administration #chinese-electric-vehicles #trade-policies #climate-change #domestic-manufacturing
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