Biden’s Tariffs on China Expose US Hypocrisy on ‘Free Trade’ & Tech Subsidies May 15, 2024 Usaadmin Geopolitics, Politics, US Economy, World Economy </p> <h2>Biden’s tariffs on China expose US hypocrisy on ‘free trade’ & tech subsidies</h2> <p> The Joe Biden White House imposed high tariffs on Chinese technological products, including electric vehicles (EVs), solar panels, batteries, and semiconductors. Ben Norton analyzes the hypocrisy of US government accusations that Beijing provides unfair subsidies to its industries, while Washington is spending trillions on industrial policy — and how this exposes the “free trade” dogma spread by neoliberal economists as a myth.</p> <p>Topics<br /> 0:00 Biden puts tariffs on China<br /> 1:05 Elon Musk demanded tariffs on Chinese EVs<br /> 1:55 US “overcapacity” allegations<br /> 2:40 Europe threatens tariffs too<br /> 3:19 Biden condemned tariffs in 2019<br /> 4:58 Climate change hypocrisy<br /> 6:13 “Free market” myth<br /> 8:47 “Forced” technology transfer myth<br /> 13:12 BYD outcompetes Tesla<br /> 13:56 Neoliberalism: de-industrialization & financialization<br /> 18:26 Subsidies: US gov’t plans trillions in benefits<br /> 23:52 More tariffs on Chinese products<br /> 25:30 Washington Consensus<br /> 29:01 US destroys WTO (after creating it)<br /> 31:28 Protectionism: How US & UK really developed<br /> 39:39 Outro</p> <p>Credit to : Geopolitical Economy Report</p> <p>
