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Richard McGregor

US-China trade war choices for Chalmers’ green budget

Jim Chalmers’ new incentives for green energy are about much more than industry policy. It will be played out in a global contest over rival political systems that is not going away.

Richard McGregorColumnist

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Jim Chalmers’ budget announcement of new incentives for green energy, as simple as they sound, will inevitably get entangled with the much bigger news out of Washington this week.

On Tuesday, Joe Biden announced he would increase tariffs on Chinese electric vehicles to just over 100 per cent, a decision that will doubtless be seen through the prism of the presidential election.

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Richard McGregor is a senior fellow at the Lowy Institute in Sydney.

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    Original URL: https://www.afr.com/policy/economy/us-china-trade-war-choices-for-chalmers-green-budget-20240513-p5jd1k