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News@lemmy.world · 7 months ago

Biden expected to quadruple tariffs on Chinese electric vehicles to 100%: Source

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Biden expected to quadruple tariffs on Chinese electric vehicles to 100%: Source

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News@lemmy.world · 7 months ago

Biden expected to quadruple tariffs on Chinese electric vehicles: Source

President Biden is expected to quadruple tariffs on electric vehicles from China in an announcement Tuesday, according to a source familiar with the decision.

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7 months ago
I think that having a battery supply chain that China doesn’t control is a major goal, so that probably isn’t going to provide much leverage.

Though, personally, I wouldn’t want lithium battery prices to spike until that gets sorted out.

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