Biden quadruples tariffs on Chinese EVs, up from 25% to 100%
Baua Electric
MAY 14, 2024
But with these increased tariffs, that makes it less likely that US consumers will gain access to these cheap, high-tech Chinese EVs. This isn’t the first move that Biden has made to limit the ability of the Chinese auto industry to operate in the US. But even though tariffs hurt the US economy, they are still popular.
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