US lawmakers need Joe Biden to hike tariffs on Chinese language-made automobiles

0
18
US lawmakers need Joe Biden to hike tariffs on Chinese language-made automobiles

WASHINGTON: A bipartisan group of US lawmakers need the Biden administration to hike tariffs on Chinese language-made automobiles and examine methods to stop Chinese language firms from exporting to america from Mexico.
Consultant Mike Gallagher, a Republican who chairs a choose committee on China, and the panel’s high Democrat, Raja Krishnamoorthi and Michigan Representatives Haley Stevens and John Moolenaar urged US commerce consultant Katherine Tai in a letter to spice up the present 25% tariff on Chinese language automobiles.
“It’s important that tariffs on (Chinese language) cars not solely be maintained but in addition elevated to stem the anticipated surge in (Chinese language) imports,” they wrote within the beforehand unreported letter seen by Reuters.
USTR and the Chinese language Embassy in Washington didn’t instantly reply to requests for remark. The 25% Chinese language auto tariffs have been imposed through the administration of then President Donald Trump and prolonged by the Biden administration.
The letter mentioned the USTR ought to take into account launching a brand new Part 301 investigation into Chinese language automobiles “and the hurt they pose to the American automotive trade and American staff and what actions needs to be taken to counter (China’s) industrial technique to dominate the worldwide vehicle market.”
The letter additionally mentioned america “should even be ready to deal with the approaching wave of (Chinese language) automobiles that will likely be exported from our different buying and selling companions, similar to Mexico, as (Chinese language) automakers look to strategically set up operations outdoors of (China) to benefit from preferential entry to the U.S. market by way of our free commerce agreements.”
Automakers in america have raised issues about Chinese language automakers.
Alliance for Automotive Innovation CEO John Bozzella mentioned in June proposed US environmental laws might let China achieve “a stronger foothold in America’s electrical car battery provide chain and finally our automotive market.”
In September, the European Fee launched an investigation into whether or not to impose punitive tariffs to guard European Union producers in opposition to cheaper Chinese language electrical car (EV) imports.
The lawmakers mentioned america ought to work with allies “to impose a coordinated response that collectively dampens demand in our markets.”
The letter famous “lots of the EVs exported from the PRC are made by Western manufacturers, similar to Tesla, which have important manufacturing capability” in China.
Lawmakers famous some US automakers are exporting Chinese language-made automobiles to america, which they mentioned underscores that the present tariff degree on imported automobiles is inadequate.