Biden is set to quadruple tariffs on China's EVs but spare the solar industry
Quartz -

The United States is expected to impose new tariffs on China’s exports of products in key industries this week as the Biden administration seeks to weaken the country’s flood of goods into the West. And the restrictions are coming for one product in particular: cars. The new tariffs will most affect China’s automakers, which have been rapidly increasing their investments in electric vehicles and associated industries, like batteries. The total tariff on Chinese EVs will be 102.5%, Bloomberg...

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