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Biden to hike tariffs on China EVs and offer solar exclusions

The total tariff on Chinese EVs will rise to 102.5% from 27.5%

Bloomberg News

President Joe Biden will quadruple tariffs on Chinese electric vehicles and sharply increase levies for other key industries this week, unveiling the measures at a White House event framed as a defense of American workers, people familiar with the matter said.. Biden will hike or add tariffs in the targeted sectors after nearly two years […]

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