Reported about 1 year ago
On June 15, 2024, it was reported that after the US announced on May 14 a significant increase in tariffs on a range of Chinese import products including electric cars, batteries, and solar products, with electric car tariffs set to rise from 25% to 100%, some tariffs expected to be effective from August 1. In response, a large number of US business groups have requested the Biden administration to delay the plan and have an additional month for further discussions on imposing higher tariffs.
Source: YAHOO