%Chinese cars are currently taxed by 25% in the US, and President Biden reportedly wants to quadruple that to a 100% tax.
%Electrek 10:35 pm on May 10, 2024
Biden administration plans to quadruple tariffs on electric vehicles (EVs), escalating the current 25% to potentially reach 100%. This move, in line with renewable policy and EVs category, could impact U.S. consumers' access to affordable high-tech EVs amid a surge in global automakers exporting more vehicles than needed for the domestic market.
1996-2024 all rights reserved. Privacy Policy. All trademarks and copyrights held by respective owners. |