Biden administration to increase tariffs on Chinese electric cars to 100 percent ...Middle East

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Biden administration to increase tariffs on Chinese electric cars to 100 percent
The Biden administration will announce new tariffs on electric vehicle and solar cell imports from China, two major components of the administration's efforts to reduce U.S. emissions, officials confirmed to reporters. Officials on the call said tariffs will increase from 25 percent to 100 percent on Chinese EV imports to offset Chinese export practices, which they argued “favor Chinese automakers at the expense of US and other foreign automakers and autoworkers and are leading to a massive surge of unfairly underpriced Chinese vehicles into foreign markets.” The administration will also double tariffs on Chinese solar cell imports to 50 percent, officials said on the call. This increa

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