President Biden Increases U.S. Tariffs On Various Chinese Imports
The increase will apply to imported steel and aluminum, solar cells, medical products, electric vehicles and more.
President Biden is increasing tariffs on $18 billion in Chinese imports. The increase will apply to imported steel and aluminum, solar cells, medical products, electric vehicles and more. The new tariff rates range from 100% on electric vehicles, to 50% for solar components, to 25% for all other sectors. The changes are set to take place over the next two…