🚨 Joe Biden imposes higher tariffs on Chinese EVs 🚗, microchips 💻, batteries 🔋, minerals ⛰️, and more imports. The tariff rates have skyrocketed for EVs, doubled for other imports, and some are facing levies for the first time. #TradeWars #Economy
The biggest jump is for EVs, with the tariff rate quadrupling, while other imports are seeing levies doubled or being imposed for the first time.