STORY: U.S. "shooting itself in the foot" with tariff hikes on China: Cuban expert
SHOOTING TIME: May 27, 2024
DATELINE: May 28, 2024
LENGTH: 00:01:13
LOCATION: Havana
CATEGORY: POLITICS

SHOTLIST:
1. various of streets in Havana
2. SOUNDBITE (Spanish): EDUARDO REGALADO, Senior researcher at the International Policy Research Center of Cuba

STORYLINE:

The U.S. narrative of "overcapacity" against China's new energy sector, along with its decision to raise tariffs on Chinese new energy products, is not only political manipulation and economic protectionism but also undermines global trend of green transition, said Eduardo Regalado, a Cuban political expert in a recent interview with Xinhua.

SOUNDBITE (Spanish): EDUARDO REGALADO, Senior researcher at the International Policy Research Center of Cuba
"The move has several interpretations. Firstly, it is political manipulation with the U.S. presidential elections looming. The candidates are competing using the China factor to have a greater number of votes.

And secondly, this move is related to the fact that the United States cannot win at its own game. That is to say what they have always proposed, the free market, and they are moving away from that free market to enter a protectionist trend. In this obsession with containing China, the United States is shooting itself in the foot.
Competition in electric vehicles is not gained through taxes. Competition is gained through structural transformations, enhancing the elements that make you gain competitiveness."

Xinhua News Agency correspondents reporting from Havana.
(XHTV)