Biden rumored to announce quadrupling of tariffs on Chinese EVs, up to 100%
Baua Electric
MAY 10, 2024
Tariffs have been called for by several entities in the US ( and Europe ), as Chinese EV manufacturing has rapidly ramped in recent years. This has left Chinese automakers with more than enough vehicles for the export market, and they have started exporting so many to Europe that they can’t find enough ships to carry them. at the time.
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