US Treasury Secretary Yellen Urges Slowing China's Overproduction of Clean Energy Goods on Nostr: US to Increase Tariffs on Chinese Imports, Including EVs and Batteries ...
US to Increase Tariffs on Chinese Imports, Including EVs and Batteries
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#96a123da ver:1.83
President Biden will increase tariffs on Chinese imports, including EVs and batteries, to address China's dominance in sectors where the US has invested. Tariffs on Chinese-made EVs will quadruple to over 100%, while lithium batteries will increase to 25% and solar panels to 50%. The goal is to protect American industries and promote fair trade practices. China has denounced the plan, and the EU is considering raising duties on Chinese cars. The impact on the ongoing trade war remains uncertain. #TradeWar #Tariffs #China #EVs #Batteries...
#newstr #Tariffs #UschinaTrade #ElectricVehicles #Batteries #ComputerChips #MedicalProducts
https://here.news/story/96a123da?ver=1.83
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#96a123da ver:1.83
President Biden will increase tariffs on Chinese imports, including EVs and batteries, to address China's dominance in sectors where the US has invested. Tariffs on Chinese-made EVs will quadruple to over 100%, while lithium batteries will increase to 25% and solar panels to 50%. The goal is to protect American industries and promote fair trade practices. China has denounced the plan, and the EU is considering raising duties on Chinese cars. The impact on the ongoing trade war remains uncertain. #TradeWar #Tariffs #China #EVs #Batteries...
#newstr #Tariffs #UschinaTrade #ElectricVehicles #Batteries #ComputerChips #MedicalProducts
https://here.news/story/96a123da?ver=1.83