Biden administration set to announce new tariffs on electric vehicles from China

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France Dernières Nouvelles,France Actualités

The White House is set to announce new China tariffs as soon as next week, with a levy on electric vehicles and other clean energy goods.

The full announcement is expected on Tuesday and will target solar goods, critical minerals, and batteries from China, according to. The Biden administration has invested in these industries domestically. The White House did not respond to a request for comment.

The new tariffs are also expected to include new levies on semiconductors, which Biden has worked to boost domestically. Lawmakersthe bipartisan CHIPS and Science Act in 2022, which includes grants and other incentives for chip makers.

 

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France Dernières Nouvelles, France Actualités