​U.S. Proposes Doubling Tariffs on Chinese Electric Vehicles

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Update time : 2024-05-17

The Biden administration is considering a significant tariff increase on imported Chinese electric vehicles, from the current 25% to 100%. This proposed measure aims to prevent potential market disruptions caused by the burgeoning strength of Chinese automotive manufacturers in the electric vehicle sector. The move seeks to balance trade dynamics and foster competitive equity in the rapidly growing electric vehicle market.


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