In a move aimed at safeguarding American industry, the Biden administration has moved to announce plans to significantly raise tariffs on Chinese electric vehicle (EV) imports from 25 percent to a whopping 100 percent, the FT has reported, citing sources. This decision, set to be officially announced on Tuesday, underscores the administration’s intensified efforts ahead [...]The post Biden Administration Plans 100% Tariff Hike on Chinese Electric Vehicle Imports appeared first on Tekedia.
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