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Latest US tariffs on Chinese imports 'politically motivated', says analyst

16/05/24
Dans Asie / Singapour

The White House announced on Tuesday (May 14) that it is hiking tariffs on US$18 billion worth of imports from China, targeting strategic sectors like electric vehicles (EVs), batteries, steel and critical minerals. These hikes are politically motivated, with about six months to go for the US presidential election, says Dr Derek Scissors, senior fellow at the American Enterprise Institute. He tells CNA's Asia First that while there could be some retaliation by China, further tit-for-tat restrictions are unlikely. Subscribe to our channel here: https://cna.asia/youtubesub Subscribe to our news service for must-read stories: Telegram - https://cna.asia/telegram WhatsApp - https://cna.asia/whatsapp Follow us: CNA: https://cna.asia CNA Lifestyle: http://www.cnalifestyle.com Facebook: https://www.facebook.com/channelnewsasia Instagram: https://www.instagram.com/channelnewsasia Twitter: https://www.twitter.com/channelnewsasia TikTok: https://www.tiktok.com/@channelnewsasia

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