Joe Biden to reimpose tariffs on hundreds of Chinese products to boost domestic manufacturing

President Joe Biden announced plans earlier this month to increase tariffs on an array of Chinese imports, including electric vehicles as part of a broader push to support domestic manufacturing. read more President Joe Biden will reimpose tariffs on hundreds of goods imported from China, the US Trade Representative (USTR) announced. This move is part of a broader strategy to increase duties in strategic sectors and protect American manufacturing. The US will let tariff exclusions expire on about half of the 400 products that had previously been spared, according to the USTR. However, 164 exclusions will be extended through May…