The White House has imposed $18 billion in new duties on Chinese imports, but it’s unclear how much that will help his economic agenda.

President Biden has added solar cells and electric vehicles to Washington’s trade war with Beijing.Brian Snyder/ReutersBiden fires a new round at China

President Biden announced on Tuesday a wave of new tariffs on billions of dollars in Chinese products, ramping up duties on industries like electric cars and solar energy that are core to his economic agenda.

The restrictions build on Trump-era measures, and many are likely to appeal to voters in battleground states ahead of the election. But it’s less clear if they are enough to rebuild America’s industrial base in a global race with China to lead in the new economy.

The new duties will apply to about $18 billion of annual Chinese imports, the Biden

Keep reading this article on Andrew Ross Sorkin – Author New York Times.

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