Tariff War: Biden Slaps 100% Duty on Chinese EVs – What This Means for US Manufacturers!
Washington, D.C. – President Joe Biden has announced a significant increase in tariffs on Chinese-made electric vehicles, part of a larger effort to protect American manufacturers from the influx of cheap imports. The move, which follows a four-year review process and aims to prevent Chinese goods subsidized at low costs from flooding the U.S. market, marks an escalation in trade tensions between the world’s two largest economies. The White House disclosed that it will impose …