President Biden has announced new tariffs on $18 billion of Chinese imports, including electric vehicles and solar cells. The tariffs on electric vehicles will increase to 100% in an effort to prevent Chinese electric cars from being sold in the United States, a move that critics say contradicts Biden’s pledge to combat the climate crisis by transitioning away from gas-powered vehicles. The Chinese government condemned the new tariffs, saying the moves will “severely affect the atmosphere for bilateral cooperation.”
Biden Places 100% Tariff on Chinese Electric Cars
HeadlineMay 15, 2024