What will be the repercussions of Biden's new China tariffs?

WASHINGTON — President Joe Biden unveiled steep tariff hikes on Chinese green tech this week, hitting imports like electric vehicles, chips and solar cells — and adding stress to U.S.-China ties.

But despite targeting $18 billion in imports across new and already targeted sectors, analysts do not expect a major economic impact, assuming Beijing does not retaliate significantly.

So what will be the repercussions of his moves?

Will this hit the U.S. economy?