Biden quadruples tariffs on Chinese EVs, up from 25% to 100%
Baua Electric
MAY 14, 2024
We imagine more info will come on that soon. But with these increased tariffs, that makes it less likely that US consumers will gain access to these cheap, high-tech Chinese EVs. In general, reaction to the move was positive from manufacturing trade assocations and labor groups, but negative from economists and consumer advocates.
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