Published 2 months ago

Biden announces 100% tariff on Chinese-made electric vehicles

President Joe Biden will increase tariffs on Chinese electric vehicles to 100% and on solar cells to 50% this year.
The tariffs on Chinese steel, aluminum, lithium-ion batteries, and semiconductors will also see significant increases under Biden's directive.
U.S. Trade Representative Katherine Tai will triple the tariff rates on lithium batteries and double the tariffs on semiconductors starting in 2025.

Insights by Ground AI

Does this summary seem wrong?

0 Articles

All

Left

Center

Right

BBC News

Biden hits Chinese electric cars and solar cells with higher tariffs

The White House said they were a response to unfair policies and intended to protect US jobs.

2 months ago·United Kingdom

Read Full Article

The Guardian

Biden announces 100% tariff on Chinese-made electric vehicles

White House levy to protect US makers from cheap imports likely to inflame trade tensions

2 months ago·London, United Kingdom

Read Full Article

The Hindu

Joe Biden sharply hikes U.S. tariffs on Chinese chips, cars to woo voters in election year

The White House cited "unacceptable risks" to U.S. "economic security" posed what it considers unfair Chinese practices that are flooding global markets with cheap goods

2 months ago·India

Read Full Article

The Independent

Biden imposes new tariffs on Chinese electric vehicles and batteries

Mr Biden says Donald Trump’s approach to tariffs failed to benefit US industries

2 months ago·London, United Kingdom

Read Full Article

Reuters

Biden sharply hikes US tariffs on billions in Chinese chips, cars

U.S. President Joe Biden on Tuesday unveiled a bundle of steep tariff increases on an array of Chinese imports including electric vehicles, computer chips and medical products, risking an election-year standoff with Beijing in a bid to woo voters who give his economic policies low marks.

2 months ago·United Kingdom

Read Full Article

CBC News

U.S. raises tariffs significantly on EVs, other goods from China

The U.S. plans to slap new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment — an election-year move that's likely to increase friction between the world's two largest economies.

2 months ago·Canada

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year