How Biden's new tariffs on Chinese imports may hit your wallet

President Biden is set to impose increased tariffs on $18 billion worth of annual Chinese imports. The tariffs will apply to Chinese electric vehicles, semiconductors, solar cells, and more. How will these changes affect prices for consumers?

Yahoo Finance Senior Columnist Rick Newman and Autos Reporter Pras Subramanian join Wealth! to discuss the new protective policy.

For more expert insight and the latest market action, click here to watch this full episode of Wealth!

This post was written by Nicholas Jacobino