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.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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

Next In Insight

Diagnosing the FBM KLCI
Strategic challenge facing banks in asset management
Hainan anchors aweigh
Can paralysed Europe rise again?
High investment, low job creation
Work longer, save more
Rebuilding Ukraine
Fed’s six big challenges in 2026
Trump targets institutional investors in affordable housing push
Bankers fear US scrutiny of loans involving chips

Others Also Read