US finalizes sharp tariff hikes on Chinese EVs, other goods
- The United States finalized tariff hikes on billions of dollars of Chinese goods, including a 100 percent duty on electric vehicles and 25 percent on EV batteries, effective in two weeks.
- The White House announced these steep increases in May, targeting EVs, semiconductors, batteries, and solar cells, drawing a strong response from Beijing.
- US Trade Representative Katherine Tai stated, "Today's finalized tariff increases will target the harmful policies and practices of the People's Republic of China that continue to impact American workers and businesses.
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