Biden set to hit China EVs with tariffs, report says

“Biden plans to levy a 100% tariff on China-made electric vehicles, quadrupling the current rate πŸ”‹πŸš— #EVs #TradeWar”

The tariff rate on electric vehicles is expected to quadruple from roughly 25 percent to 100 percent, The Wall Street Journal reported Friday, citing people familiar with the plans.

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