Biden to unveil China tariffs targeting EVs, semiconductors

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President Biden News

Critical Sectors,Semiconductors,China

President Biden is reportedly set to release a new wave of tariffs targeting China in critical sectors, including electric vehicles, semiconductors, and...

break down the details of this decision, providing insights into the objectives behind these tariffs and their potential implications for EV automakers.According to several reports, the announcement will reportedly target specific sectors including electric vehicles, semiconductors and solar equipment.

And of course, this is happening as Biden has also signed into law legislation that will provide huge subsidies for semiconductor manufacturing uh for uh for other types of green energy technology, including solar panels and for electric vehicles.So all part of the same broad strategy, pro talk to us a little bit about what specifically this could potentially mean here for EV makers.

Uh I don't think it's going to happen any time soon, especially if we see these targeted tariffs like Rick, Rick and men, you know, we have no details yet as to what these could be in terms of percentages. And the question is when, so I think this t the protectionism aspect of it, a lot of automakers saying that you know what we have to kind of compete on with Chin, with the Chinese on their own terms.

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