including semiconductors and aluminum and steel. The new trade policy particularly targets China's electric vehicle sector, where tariffs have quadrupled from 25% to a staggering 100% to"protect the American autoworkers" according to President Biden.Electric vehicles are a key focus of President Biden's wave of tariffs on strategic Chinese imports, tariffs for ev set to quadruple in 2024 from 25% to 100% in an exclusive interview with Yahoo Finance.
So the, the issue is not in the near to intermediate term, there's no real impact on the US auto industry because the volumes are just too low.Um, it's kind of a way down the line sort of situation but you know, there had been talk of, of the evs coming that are built in Mexico by Chinese companies that they sold the Mexican domestic market, bring them here.
Yulia Morozova/ReutersLess than 24 hours after Vladimir Putin sent his defense minister packing after reportedly privately blaming him for failures in the war against Ukraine, another top Defense Ministry official was yanked out of bed by masked security forces.Counterintelligence agents reportedly arrived armed to the teeth to detain Lieutenant-General Yury Kuznetsov, the head of the Defense Ministry’s personnel department, on bribery charges Monday.
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