Biden's $18 Billion Tariff Shock: Electric Vehicle Duties Skyrocket to 100%, Major Hit to Chinese Imports

Sunita Somvanshi Sunita Somvanshi

Biden hits Chinese imports with a massive $18 billion tariff hike.

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Electric vehicle duties surge from 25% to 100% under new tariffs.

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Critical sectors like steel, aluminum, and semiconductors targeted.

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Biden's tough stance aims to boost U.S. economic and national security.

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Solar panels and batteries also face significant tariff increases.

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Syringes, needles, and PPE see tariffs rise up to 50%.

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White House distinguishes Biden's targeted tariffs from Trump's approach.

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Chinese electric vehicle exports grew 70%, prompting higher duties.

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