Financial Times on Nostr: nostr:note1vj50g5pasl5dgvtxcjx88v57tk7weea2x69r0x8gkk7huza93mqst68jp3

quoting note1vj5…8jp3

US Increases Pressure on Chinese Electric Vehicle Imports, Considers Tariffs and Stricter Regulations
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#52f5979e ver:0.73

President Biden plans to raise tariffs on Chinese electric vehicles (EVs) to protect American workers and differentiate from Trump. Tariffs on Chinese EVs will increase from 27.5% to 102.5%. Certain items, like solar panel machinery, will be excluded to support the US solar industry. The move aims to boost the domestic EV industry and address security risks. Implications for the global EV market and US-China trade are significant. #EVs #tariffs #USChinaTrade...

#newstr #UschinaTrade #ElectricVehicles #BidenAdministration #Tariffs #SafetyStandards #DataPrivacy #CyberThreats

https://here.news/story/52f5979e?ver=0.73