U.S. locks in steep tariff hikes on Chinese EVs, other raw minerals

China EV exports — The Biden administration has locked in steep tariff hikes on Chinese imports, including a 100 percent duty on EVs first adopted by the Trump administration. Zeekr electric vehicles bound for Europe last year at the Port of Taicang in China are shown. (BLOOMBERG)

By:

DAVID LAWDER

By:

Reuters

September 14, 2024 02:15 AM

The Biden administration on Sept. 13 locked in steep tariff hikes on Chinese imports, including a 100 percent duty on electric vehicles, to boost protections for strategic industries from China's state-driven industrial practices.

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