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Reading: Biden imposes greater duties on Chinese solar panels and electric vehicles.
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Baner Club > Blog > Science > Biden imposes greater duties on Chinese solar panels and electric vehicles.
ScienceUnited States

Biden imposes greater duties on Chinese solar panels and electric vehicles.

US President Joe Biden is raising taxes on steel, solar panels, electric vehicles, and other products manufactured in China.

Last updated: 2024/05/15 at 8:34 AM
Published May 15, 2024
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According to the White House, the actions were taken in reaction to unfair policies and were meant to save US jobs. These actions include a 100% border tax on Chinese electric cars.

China declared that it would retaliate for the hikes and that it was against them.

According to analysts, the tariffs were mostly symbolic and meant to boost support during a difficult election year.

They come after months of criticism from former US President Donald Trump, who is challenging Biden in the presidential race and has maintained that his opponent’s support for electric vehicles will “kill” the US auto sector.

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admin May 15, 2024 May 15, 2024
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