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President Biden is launching a preemptive strike against cheap Chinese imports of electric vehicles, batteries, solar equipment and other goods with aggressive new tariffs on Tuesday. Why it ...
The tariff rate of electric vehicles imported from China will increase from 25% to 100% beginning this year, while tariffs on semiconductors from China will double from 25% to 50% by 2025.
Biden administration is reportedly set to announce new tariffs on China, with a particular focus on strategic sectors including electric vehicles (EVs). España India ...
Biden imposing 100% tariff on Chinese electric vehicles 02:16. President Biden announced new tariffs Tuesday on Chinese electric vehicles, semiconductors, batteries, solar cells, steel and aluminum.
The rule specifically targets Chinese e-commerce giants like Temu and Shein, who have exploited this exemption to flood the US market with inexpensive goods, potentially reshaping US-China trade ...
Also on Friday, the Biden administration announced a new effort to limit the amount of foreign goods that can come into the US tariff-free because they are valued at $800 or less.
For example, the U.S. imports almost no Chinese EVs, largely because of an existing 27.5% tariff that is now increasing to 100%. Similarly, the U.S. imports less than 1% of its steel from China ...
Also on Friday, the Biden administration announced a new effort to limit the amount of foreign goods that can come into the US tariff-free because they are valued at $800 or less.
In addition to the new tariffs announced Friday, which range from 7.5 percent to 100 percent on many imported goods from China, additional changes involve tightening the de minimis tax-free trade ...
Dozens of America’s trading partners are bracing themselves for August 1, the new deadline for punishing tariffs on goods they export to the United States.
Also on Friday, the Biden administration announced a new effort to limit the amount of foreign goods that can come into the US tariff-free because they are valued at $800 or less.
A 25% tariff on natural graphite from China, the world’s largest producer, has been delayed until 2026, allowing more time to find alternative sources.The U.S. trade deficit with China is at its ...