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WASHINGTON (Reuters) -Some of the steep U.S. tariff increases on an array of Chinese imports, including electric vehicles and their batteries, computer chips and medical products, will take effect ...
It has pushed tariffs on Chinese-made electric vehicles up to 100% from 25%, raised tariffs on Chinese-made lithium batteries to 25% from 7.5%. Show comments Advertisement
A car model launched last year by Chinese automaker BYD sells for around $12,000 in China. The car’s craftsmanship rivals U.S.-made EVs that cost three or four times as much — and is stoking ...
(Reuters) -The Biden administration on Friday locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles, to strengthen protections for strategic domestic ...
New tariffs on Chinese electric vehicles and batteries, solar cells, medical equipment and other goods are intended to protect U.S. jobs and manufacturers. The tariffs will be phased in over the ...
800-290-4726 more ways to reach us. ... to raise the tariff from 25% to 100% on Chinese electric vehicles (EVs), doubling their base cost. For example, President Joe Biden accused Beijing of ...
President Joe Biden slapped major new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment on Tuesday, taking potshots at Donald Trump along ...
The big headline from President Biden’s new tariffs on Chinese goods announced Tuesday was the massive hit to electric vehicles made in China.. New duties on EVs from companies like BYD ...