Biden raises tariffs on Chinese EVs, chips and other goods

US President Joe Biden is ramping up tariffs on Chinese-made electric cars, solar panels, steel, and other goods.
The White House said the measures, which include a 100 per cent border tax on electric cars from China, were a response to unfair policies and intended to protect US jobs.
China has already criticised the plans, which were signalled in advance.
Analysts said the tariffs were largely symbolic and intended to gain votes in a tough election year.
They follow months of criticism by former President Donald Trump, who is running for the White House against Mr Biden and has argued his rival's support for electric cars would kill the US car industry.

comments powered by Disqus
Most Popular