China EV tariffs help incumbent carmakers, UAW.

The article discusses the complexities of trade between the United States and China in the context of the transition to electric vehicles (EVs). The Biden administration aims to promote domestic production of EVs by adding tariffs to Chinese imports, while also needing Chinese battery minerals for American automakers. The administration has delayed rules that block tax credits for EVs with foreign battery components, but has also imposed a tariff on natural graphite. The article acknowledges that protectionism against China is an issue that both the American left and right can agree on, but also highlights the trade-offs and vulnerabilities associated with tariffs. [Extracted from the article]