The Tik Tok tariff war


This Tik Tok stage of US-China rivalry is downright dangerous. — Reuters

THERE is a horror movie unfolding whereby the Hollywood hero, after trying garlic and all, is now driving a stake at the heart of the Chinese Dracula.

US president Joe Biden’s imposition of a 100% tariff on China-origin electric vehicles (EVs) and 50% tariffs on semiconductors and solar cells, plus 25% on a range of batteries, gloves and certain steel and aluminium products is another blow to free trade.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Insight

Once lucrative, now unattractive
The ruse of the rings�
War-torn bonds�may rally if recession hits
Right power strategy vital�
AI changes job market
MREITs�unfazed by tax revision
Dire need for energy mix
The economics of noise: Who pays the price?
Expensive oil is EV makers’ best sales pitch
Which firms will clean up after the Iran war is finally over?

Others Also Read