Biden’s China Tariffs Increase a Means to Get Votes: Analyst

Don Ma
By Don Ma
May 10, 2024Business Matters

President Joe Biden is set to announce new China tariffs as soon as next week targeting strategic sectors, including a major hike in levies on electric vehicles (EVs), according to three people familiar with the matter.

The full announcement, expected Tuesday, will maintain existing tariffs on many Chinese goods set by former President Donald Trump, according to one of the people.

Lauren Fix, an analyst for Car Coach Reports, gave her analysis on the new tariffs.

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