Some of the steep US tariff increases on an array of Chinese imports, including electric vehicles and their batteries will take effect on Aug. 1, the US Trade Representative's office said on Wednesday, reports Reuters.
The new measures affect $18 billion in current imported Chinese goods including steel and aluminum.
, semiconductors, electric vehicles, critical minerals, solar cells and cranes, the White House said. The EV figure may have more political than practical impact in the US, which imports few Chinese EVs because of prior vehicle tariffs.
US tariff hike on Chinese EVs from Aug 1
FE Team | Published: May 22, 2024 23:32:56
US tariff hike on Chinese EVs from Aug 1
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