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News • 8 months ago

Biden expected to quadruple tariffs on Chinese electric vehicles to 100%: Source

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Biden expected to quadruple tariffs on Chinese electric vehicles to 100%: Source

@return2ozma to

News • 8 months ago

Biden expected to quadruple tariffs on Chinese electric vehicles: Source

President Biden is expected to quadruple tariffs on electric vehicles from China in an announcement Tuesday, according to a source familiar with the decision.

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@Tylerdurdon
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8•8 months ago
Let’s hope they don’t retaliate with batteries
- @[email protected]
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  4•8 months ago
  I think that having a battery supply chain that China doesn’t control is a major goal, so that probably isn’t going to provide much leverage.
  
  Though, personally, I wouldn’t want lithium battery prices to spike until that gets sorted out.

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