US-China tariffs force China to be creative, analyst says

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The Biden administration has enacted a new set of tariffs against China that will hit up to $18 billion in imported goods, including quadrupling the duties imposed on electric vehicles (EVs) and doubling tariffs on solar panels and semiconductors to 50% each.
Bernstein Managing Director and Senior Analyst Stacy Rasgon joins The Morning Brief to elaborate on whether or not these trade policies will have any lasting effects on the United States, its demand for semiconductor imports, and the new avenues China is approaching to acquire more AI chips.
"The US just doesn't import a lot of direct semiconductors from China... it's maybe a few billion dollars, it's not any more than that. So there's no direct impact," Rasgon says. "Now the indirect impact, you know again risks of further escalation... like counter like actions from China... those have been the issues that we've been dealing with over the last several years. By and large, they have been manageable."
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Arrogance and ignorance are the hallmarks of American politicians.

davidlee
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The United States desperate actions to hold the huge progress of Chinese companies. This kind of actions tends to hurt their own country

Politicalchaoss
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China’s always innovative and able to think ahead. USA just proving that they are the draconian society

jyster
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US-China tariffs force China to be creative.

hsingkao
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When did Congress vote on this new law?

mattcat
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its easy... no more buying grain, bean, beef and poultry from the U S

junaidisalam
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China would stop buying from Boeing period.

oka
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yeah keep putting these restrictions, it will only make your country suffer while the rest of the world will develop and be more innovative

reihydra
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Doesn't that apply to Taiwan? The official policy is they are part of China, let's see how this goes???.

digger
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China can take tarriefs on the using of USD.

MSDGroup-ezzk
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Full Implementation of New Decisions is Impossible, Absolutely, and in long term, only major problems and upheavals are possible, and in the short term...

milosnestorovic
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The host is right. Chips are going to be manufactured in other countries anyway. They are supposed to be cheaper and better even it means they will be made in China. It’s not a new thing so don’t bother 😂 The states should focus on the real new things, like nuclear fusion, quantum computing, AI, MRNA tech.

pennyshi
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Apple phone made in china, , increased to 100%

AlfredoBernaldez-jz
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Samsung made in china i think the price is increasing double

AlfredoBernaldez-jz
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From joining WTO in the early 2000s till today, the raise of China in large part owed it to the USA...

LLee
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hahaha cai gia cua xay lau dai tren cat DD

gregmakov
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Despite massive outsourcing by US corporations to PRC, PRC government has remained an economic FOE and military FOE! No amount of economic cooperation nor diplomacy will make PRC government an ally of USA or any nation! PRC's diplomacy is coercive and deceptive. PRC's cut-throat trade practices and economic aid/loans to other countries filled with debt traps. Japan's geopolitical conduct, on the other hand, abandoned its imperialistic stance, no territories, practices friendly economic competition, no debt traps, outsourced its massive automobile industry to other countries (USA, Canada, and other countries) to provide employment, and a true ally! Japanese government genuinely protected its people by postponing the Tokyo 2020 Summer Olympics (sabotaged by the covid-19 epidemic) because the Japanese officials listened to its medical experts/people, put down their pride and honor, risked billions of US dollars worth of investments, profits and revenues in order to protect the people of Japan. Did Xi postpone the Beijing Winter Olympics??? NO!

pwildfyre
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Hahaha, China and creative in the same sentence? It's funny because we all know it's impossible.

billfrehe