Dear family, big news! The United States is stirring things up again and has imposed tariffs on Chinese imported goods. This time, it involves a whole bunch of items including electric vehicle batteries, computer chips, medical products, and more.

Biden gave a speech at the White House that was quite righteous, saying things like "we must ensure fair competition and prevent Chinese goods from flooding the American market." But to be honest, it’s just that they are worried about our rapid development, right? The Chinese Ministry of Commerce is also not holding back, immediately stating that they will take measures to defend their own interests, and this counterattack will definitely not be absent.

In this round of tariff increases, Biden also retained the tariffs set by Trump previously and significantly raised tariffs on some goods, with electric vehicle tariffs quadrupling and semiconductor tariffs doubling. The value of affected Chinese imported goods reaches up to $18 billion, covering areas like steel, aluminum, semiconductors, and electric vehicles. Although the number of electric vehicles imported from China to the United States is not large, this action is more politically significant than its actual impact; it clearly aims to show voters and garner support.