Biden quadruples tariffs on Chinese EVs, up from 25% to 100%
Baua Electric
MAY 14, 2024
This large tariff has had the effect of excluding most Chinese autos from the US market, as it’s easier to export to countries with lower tariffs first. Currently only two EVs in the US are made in China, the Polestar 2 and Volvo S90 Recharge Plug-in Hybrid. and Canadian customers as well as for export to European markets.
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