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“President Biden unveils a historic wave of tariffs on ‘strategic’ Chinese imports”

“The White House formally unveiled a sweeping array of new tariffs on Chinese goods Tuesday that will raise duties on $18 billion in Chinese imports. The long-awaited announcement will touch an array of sectors, with steel to semiconductors to medical products feeling new duties as soon as this year.

Electric vehicles are a key focus of the announcement, with duties there set to quadruple in 2024 from 25% to 100%…”

https://finance.yahoo.com/news/president-biden-unveils-a-historic-wave-of-tariffs-on-strategic-chinese-imports-090001241.html

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