Biden Administration to Impose Additional Tariffs on Chinese Electric Vehicle and Solar Sectors
Friday, 10 May 2024, 12:06
The Biden White House to Introduce Tariffs on Chinese Trade
President Joe Biden is expected to announce new tariffs as part of a review of trade measures initially established by his predecessor, Donald Trump. The tariffs will specifically target strategic sectors such as electric vehicles, batteries, and solar cells.
Focus on Electric Vehicle and Solar Industries
- Additional tariffs to be imposed on industries connected to EVs like batteries and solar cells.
- Strategic move to address trade imbalances and protect domestic industries.
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This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.