Biden administration to increase tariffs on Chinese electric cars to 100 percent
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Biden administration to increase tariffs on Chinese electric cars to 100 percent
The Biden administration will increase tariffs from 25 percent to 100 percent on Chinese EV imports to offset Chinese export practices, which they argued “favor Chinese automakers at the expense of U.S. and other foreign automakers and autoworkers and are leading to a massive surge of unfairly underpriced Chinese vehicles into foreign markets.”
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