[World Talk] The U.S.’s increased tariffs on China have attracted criticism from many parties. U.S. industry experts: This is harming the U.S. auto industry
China Daily, May 24 (Xinhua) -- The United States' Forbes magazine website recently published an article stating that the United States has recently announced the imposition of high tariffs on China's electric vehicles, solar cells and other products, triggering widespread concern among environmental groups, industry observers and analysts. criticize. Experts generally believe that this measure will not only not help promote the energy transformation of the United States, but will hinder the future development of the U.S. automobile industry.
The article stated that critics point out that since the United States lags behind China for many years in electric vehicle research and development and renewable energy manufacturing, delaying time alone may not help stimulate the United States and the world to move away from fossil fuels.
Daniel Becker of the Center for Biological Diversity, an environmental group, warned that additional tariffs could have the same negative effects as the protectionist policies of the U.S. auto industry in the 1970s, which led to stagnation and less competitiveness in the U.S. auto industry. He worries that if U.S. automakers don't have to compete with foreign companies, they might give up making electric vehicles, shifting the market to Chinese EV makers.
Bill Russo, a U.S. auto industry veteran and CEO of consulting firm Automobility, is disappointed with the U.S. tariffs. He pointed out that this measure is actually a surrender to the status quo, rather than improving the competitiveness of the U.S. auto industry. Russo warned that the U.S. auto industry will inevitably "die a slow death" as the global industry shifts away from oil-based technology.
In addition, Christian Brühl, CEO of Germany's Siemens Energy, believes that "the energy transition will not work without China" and warned that trying to build wind turbines without any Chinese supplies will be almost impossible. .
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Commentator Steven Ratner, writing in the New York Times, pointed out that most existing studies on tariffs have found that they not only increase consumer prices, but rather than protecting jobs, they often lead to unemployment.
"Forbes" reported that some analysts believe that the Biden administration's tough stance on China before the November presidential election may be to win votes. However, in the long run, this approach to gain political leverage may have a serious negative impact on the U.S. economy and the global environment.
