Biden’s plan to hit China with more tariffs is mostly symbolic

US President Joe Biden is set to tariff sectors at the heart of China’s economic recovery, in a seemingly bold swipe at his nation’s biggest rival. In reality, the curbs will barely dent Beijing’s growth. Perhaps the real danger for Beijing is that Biden’s symbolic swing at EVs sets a precedent for countries where China does have market share, said Dylan Loh, assistant professor of politics at NTU in Singapore.

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