China's electric cars are better than US ones – Putin

Russian President Vladimir Putin, speaking at a press conference in  Harbin during a two-day visit to China, said that U.S. authorities imposed tariffs on improved Chinese electric vehicles.

Putin described the U.S. action as "unfair competition," suggesting Washington wanted to prevent strong competitors from entering the U.S. market.

"Unfortunately, in today's world, situations related to unfair competition sometimes arise. For example, the United States recently imposed tariffs on Chinese electric cars and electric vehicles," he said.

 “Why?” Because Chinese cars are getting better. ”

Putin argued that as soon as another country emerges as a manufacturing powerhouse and becomes more competitive, it will be oppressed by both the US and the EU.

U.S. officials have repeatedly described China as America's biggest "competitor" and have tightened economic controls on the country.

Earlier this week, Washington raised tariffs on $18 billion worth of Chinese goods, including electric vehicles, batteries, semiconductors, steel, aluminum, critical minerals, solar panels, land cranes and medical products, while increasing tariffs on more than $300 billion worth of Chinese goods. Increased tariffs on products. The holdout was imposed by former US President Donald Trump.

Under the Trump administration, which fired the first salvo in the trade war that began in 2018, tariffs on Chinese goods were significantly increased.

A similarly hostile attitude continues under his successor Joe Biden, who has taken several measures targeting the Chinese economy.

Chinese officials have repeatedly accused U.S. trade and technology policies of "economic bullying." The Chinese government has taken several countermeasures in retaliation for the US sanctions. These include restrictions on exports of strategic raw materials used in defense technology, electronics, and clean energy.

The International Monetary Fund warned of escalation last week. The trade war between the United States and China threatened global economic growth.