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The Biden administration hikes tariffs on various goods from China, and it goes beyond just EVs and batteries. Kia refreshes its three-row hybrid SUV. And Subaru is looking to Toyota for more of its EVs. This and more, here at Green Car Reports.
WASHINGTON — New tariffs on Chinese electric vehicles and batteries, solar cells, medical equipment and other goods are intended to protect U.S. jobs and manufacturers. They could raise prices on certain specific items, experts say, though a broad inflationary impact is unlikely in the short term.
Those holding out for a cheap $20,000 EV from China might best look for a third-party Presidential candidate who’s on board with free trade.
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 who give his economic policies low marks.
By Natalie ShermanBusiness reporter, New York
Trump reportedly offers to scrap EV-friendly EPA emissions rules. BP seeks to rescue stranded Supercharger stations as Tesla’s charging plans fizzle. And does going with a very large battery pack but no charge port make sense in fuel-cell semis and even pickups? Toyota thinks so. This and more, here at Green Car Reports.
WASHINGTON/SAN FRANCISCO — U.S. President Joe Biden is set to announce new China tariffs as soon as next week targeting strategic sectors including electric vehicles, according to two people familiar with the matter.
At a meeting with top oil executives at his Mar-a-Lago club last month, Donald Trump offered to reverse Biden administration environmental policies in exchange for a $1 billion donation to his presidential re-election campaign, the Washington Post reports.