Joe Biden is set to quadruple tariffs on Chinese EVs this summer


Source: qz.com qz.com

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A portion of the United States’s tariffs on a range of Chinese exports, including electric vehicles, are set to take effect on August 1. RFK Jr. investing in GameStop is hilarious, exec says CC Share Subtitles Off English view video RFK Jr. investing in GameStop is hilarious, strategist says President Joe Biden earlier this month said tariffs on some EV imports will quadruple from 25% to 100% to prevent Chinese automakers from flooding the market with cheap cars. The government also plans to raise tariffs on semiconductors, lithium-ion batteries, solar cells, and some steel and aluminum products to tamp down...