Published

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

Bias Distribution

  • 49% of the sources are Center
50% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)