China

U.S. weighs higher tariffs on China EVs, report says

Chinese EVs
Electric vehicles manufactured by Chinese automaker Nio roll off the production line at the company's factory in Hefei, Anhui province, China, on April 7, 2021. Chinese EVs could face higher U.S. tariffs under the Biden administration. (BLOOMBERG)
KN
By:
KATRINA NICHOLAS
B
By:
Bloomberg
|
December 21, 2023 01:13 PM

The U.S. is considering raising tariffs on Chinese electric vehicles and other goods as it tries to limit reliance on Asia’s biggest economy and shield its own green industry, the Wall Street Journal reported Thursday, citing people it didn’t identify.

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