White House to hike tariffs on Chinese EVs to fend off cheap imports

The White House and President Joe Biden will launch new tariffs today on Chinese electric vehicles and other sectors to fend off cheap imports. This strategic move could protect U.S. companies from foreign companies. The biggest tariff rates apply to EVs and will equate to 100 percent, while solar components will have a 50 percent … Continue reading White House to hike tariffs on Chinese EVs to fend off cheap imports