Daily Archives: 05/14/2024


Biden quadruples tariffs on Chinese EVs

WASHINGTON — In a bid to revive domestic manufacturing, President Joe Biden announced Tuesday that he is imposing a drastic tariff increase on Chinese electric vehicles and new levies on computer chips, solar cells and lithium-ion batteries.  “We’re not going to …


Biden sharply hikes US tariffs on billions in Chinese chips, cars

WASHINGTON — U.S. President Joe Biden on Tuesday unveiled a bundle of steep tariff increases on an array of Chinese imports including electric vehicles, computer chips and medical products, risking an election-year standoff with Beijing in a bid to woo voters …