Washington
Biden Is Trying to Buy EVs Time With New Tariffs on China. It Might Not Work
America now has 100% tariffs on Chinese electric vehicles, but with US automakers struggling to compete and its reliance on China’s materials, will this help? Mercedes, BMW and VW think not.
Today, the Biden administration announced a near-unprecedented 100 percent tariff on Chinese-made electric vehicles, a move the White House said would protect the American industry from unfairly pric… [+3401 chars]
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