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Keyword: electrics

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  • US plans to impose new major tariffs on Chinese EVs, equipment

    05/13/2024 1:21:23 PM PDT · by Red Badger · 11 replies
    Daily Sahbah ^ | May 13, 2024 | Staff
    This photo shows BYD electric cars awaiting to be loaded onto a ship at the international container terminal of Taicang Port at Suzhou Port, eastern Jiangsu Province, China, Sept. 11, 2023. (AFP Photo) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The Biden administration is reportedly set to impose major new tariffs on electric vehicles (EVs), semiconductors, solar equipment and medical supplies imported from China, according to a U.S. official and another person familiar with the plan. Tariffs on electric vehicles, in particular, could quadruple from the existing 25% to 100%. The people described the plan on condition of anonymity because they were not authorized to provide...