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2024-05-11 08:53:58

China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US on Nostr: US to Quadruple Tariffs on Chinese Electric Vehicles and Increase Levies on Other ...

US to Quadruple Tariffs on Chinese Electric Vehicles and Increase Levies on Other Imports
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#52f5979e ver:0.52

US President Joe Biden is set to announce new tariffs on Chinese imports, including electric vehicles (EVs), next week. The tariffs are part of the Biden administration's efforts to address concerns over China's manufacturing 'overcapacity' of EVs and other products. The specific details of the tariffs are expected to be announced soon, but the tariff rate on Chinese electric vehicles is expected to quadruple to roughly 100 percent. #TradeWar #China #EVs...

#newstr #Us #China #Tariffs #ElectricVehicles #JoeBiden

https://here.news/story/52f5979e?ver=0.52
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