evidence: U.S. President Joe Biden has announced sweeping tariff increases across several Chinese imports, notably semiconductors, electric vehicles, batteries and battery components, solar cells and many components that make up our tech. According to a White House press release, tariffs on Chinese semiconductors will increase from 25% to 50% in 2025, effectively doubling its tax rate. [...] Although most trade and labor leaders, and many Democrats in the Senate and Lower Houses, praised Biden’s move, there were a few objections. David French, the executive VP for government relations for the National Retail Federation, said, "As consumers continue to battle inflation, the last thing the administration should be doing is placing additional taxes on imported products that will be paid by U.S. importers and eventually U.S. consumers." [...] Whether this move is based on policy or a political act to gain votes for Biden in the upcoming U.S. presidential election, the new tariffs will increase the prices of semiconductors and several other high-tech goods across the board. This is just the latest move in the on-going trade war between both countries, especially as the U.S. has a trade deficit with China amounting to over $250 billion.