Biden imposes new tariffs on China.
Tangle

Biden imposes new tariffs on China.

2024-05-16
Biden's China tariffs. On Tuesday, President Biden announced major new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment, covering $18 billion worth of Chinese imports. The largest tariffs are on imports of electric vehicles, quadrupling the proportion of the tax from 25% to 100%.You can read today's podcast⁠ ⁠⁠here⁠⁠⁠, our “Under the Radar” story ⁠here and today’s “Have a nice day” story ⁠here⁠.
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