News

Biden To Set 100% Tariff On Electric Cars Made In China — Solar Panels May Be Next

May 12, 2024/

It’s not official yet, but the Wall Street Journal says the Biden administration this week is expected to increase the import tariffs on electric cars made in China from 25% to 100%, a move that may embolden regulators in the European Union to do likewise. The US also adds 2.5% on top of the base tariff just for good measure.

 

Steve Hanley


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