2024-05-14 20:03:42

US Quadruples Tariffs on Chinese Imports, Including EVs and Chips

Image used under license from Shutterstock.com

The Biden administration has announced a significant increase in tariffs on Chinese imports, including electric vehicles (EVs), chips, solar panels, and other goods. The aim is to protect US industries from unfair trade practices and encourage domestic manufacturing.

The increased tariffs will impact imports worth $18 billion from China, covering sectors like steel, aluminum, semiconductors, batteries, and critical minerals. China has criticized the move, seeing it as a campaign maneuver by President Biden.

The tariffs on EVs and other products are expected to escalate trade tensions between the US and China, potentially leading to retaliatory measures.

EL PAÍS
14. Mai 2024 um 12:13

United States quadruples tariffs on imports of chips and electric vehicles from China

Economy
Politics
Technology
The Joe Biden administration is quadrupling tariffs on imports of electric vehicles and other products from China, such as photovoltaic panels, semiconductors, and port cranes, with the aim of protecting the US industry and combating China's unfair trade practices. These measures are expected to affect imports from China worth a total of $18 billion. In addition, the United States will also increase tariffs on lithium-ion batteries, solar panels, and other Chinese products in the coming years.
Thế giới - VnExpress
14. Mai 2024 um 12:15

US Increases Tariffs on $18 Billion Worth of Goods from China

Politics
Economy
The US has announced an increase in tariffs on electric vehicles, chips, and a range of other goods from China, while maintaining the tariffs imposed by the previous administration. President Joe Biden has significantly increased tariffs on various imported goods from China, including electric vehicles, computer chips, and medical products, with electric vehicle tariffs quadrupling and exceeding 100%. These new tariffs will affect $18 billion worth of imported goods from China, including steel,..
Thế giới - VnExpress
14. Mai 2024 um 12:15

US Increases Tariffs on $18 Billion of Chinese Goods

Economy
Politics
The US has announced an increase in tariffs on electric vehicles, chips, and other goods from China, while maintaining the existing tariffs imposed by the previous administration. The new tariffs will affect $18 billion worth of imported goods from China, including steel, aluminum, semiconductors, batteries, solar panels, and gantry cranes. President Biden also retains the tariffs on $300 billion worth of Chinese products imposed by former President Trump.
New York Times - Business
14. Mai 2024 um 19:54

Biden Will Raise Tariffs on Chinese Electric Vehicles, Chips and Other Goods

Politics
Technology
Economy
Finance
President Biden announced an increase in tariffs on Chinese imports, including electric vehicles, solar cells, semiconductors, and advanced batteries, to protect American industries from unfair competition. He also endorsed maintaining tariffs on over $300 billion worth of Chinese goods implemented by the previous administration. The move reflects Biden's tough-on-China stance and aims to focus on strategic sectors like clean energy and semiconductors.
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