Biden’s tariffs on China expose US hypocrisy on ‘free trade’ & tech subsidies
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.
Topics
0:00 Biden puts tariffs on China
1:05 Elon Musk demanded tariffs on Chinese EVs
1:55 US “overcapacity” allegations
2:40 Europe threatens tariffs too
3:19 Biden condemned tariffs in 2019
4:58 Climate change hypocrisy
6:13 “Free market” myth
8:47 “Forced” technology transfer myth
13:12 BYD outcompetes Tesla
13:56 Neoliberalism: de-industrialization & financialization
18:26 Subsidies: US gov’t plans trillions in benefits
23:52 More tariffs on Chinese products
25:30 Washington Consensus
29:01 US destroys WTO (after creating it)
31:28 Protectionism: How US & UK really developed
39:39 Outro
Credit to : Geopolitical Economy Report