This brings the total under this administration to $167 Billion in relief for 4.75 million borrowers.

  • hark@lemmy.world
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    7 months ago

    Right, instead he has applied a 100% tariff on electric vehicles coming from the country making the most electric vehicles out of anyone and has applied a 50% tariff on solar panels from that very same country.

    • Gormadt@lemmy.blahaj.zoneOP
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      7 months ago

      Done so to increase manufacturing in the US utilizing a number of incentives passed in 2022 and 2023. Which near the end of 2023 was projected to create almost 100k jobs in just the electric vehicle industry.

      Source

      • hark@lemmy.world
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        7 months ago

        I’m well aware of the excuses given for it, but climate change is too pressing an issue to play these stupid games. Does biden think climate change is a regional issue? We have to work together globally to fight it. Insisting that the solution must be American-made is trump-esque, and in fact biden had criticized trump for his trade war with China. Since then, he’s kept trump’s trade policies and even expanded upon them. These tariffs will do nothing but let American companies sit comfy with fat profit margins and adoption of these technologies in the US will slow to a crawl.