Biden Admin Slaps Heavy Tariffs On Chinese Vehicles

by TTAC News Staff

Published: September 13th, 2024

biden admin slaps heavy tariffs on chinese vehicles

The Biden administration has confirmed significant tariff increases on Chinese imports, including a 100% duty on electric vehicles, as part of an effort to protect U.S. industries from China's overproduction and state-driven subsidies.

The tariffs aim to strengthen U.S. strategic industries, particularly in electric vehicles and renewable energy, as part of a broader strategy to reduce dependency on China's supply chains. These tariff hikes will go into effect on September 27, 2024. According to the Whitehouse, these tariffs are designed to counteract the significant cost advantages Chinese EV manufacturers have due to subsidies and to protect the U.S. EV market from being overwhelmed.

The Biden administration has largely disregarded industry requests for tariff relief on critical materials for EV batteries, such as graphite, maintaining a 25% tariff on lithium-ion batteries for EVs, effective September 27.

These moves follow similar actions by the European Union and Canada, which have also announced tariffs on Chinese EV imports. China has vowed retaliation, criticizing the U.S. actions as "bullying" and arguing that its EV industry's success is driven by innovation, not government subsidies.

This article was co-written using AI and was then heavily edited and optimized by our editorial team.

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4 of 84 comments

Big Al from Oz 3 days ago
I'm a believer in global trade. What I see is the US and EU are placing themselves to be less competitive. There will be countries that don't levy tariffs on imported vehicles. There must be a better way.

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- 1995 SC 2 days ago
  Yes. Free trade with countries that have similar standards of living and worker protections. I feel like had some of you "free trade" types been around at the time of the US Civil War you'd have been saying stuff like "of course slavery is terrible, but I'm concerned about the price of cotton." Free Trade goes both ways. A person's labor is part of that equation and paying market rates for that labor is part of the deal. When one party subverts that part by utilizing slave or underprotected workers it is no longer free trade. Same with illegal immigration to be honest. We don't want to fix it (we being those benefitting and that includes powerful people on both sides of the aisle. Bottom Line sometimes tariffs are essential to true free trade.
  
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3-On-The-Tree 2 days ago
@Peter. “ Univesal Background ChecksThe shooter was definitely a Republican. Democrats do Drive by shootings.Second Assassination attempt. 3rd times a charm”. So you advocating assassination and someone getting killed?

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- Slavuta 2 days ago
  Funny that everybody (MSM) want to mislead, who was this guy. Earlier this year Robert Fico, Slovakia PM was shot for his stance that Slovakia should not send weapons to Ukraine. The shooter was/is married with Ukrainian woman who is known to have connections with Ukrainian special service. And now this guy, who spent a lot of time in Ukraine, recruited mercenaries and 100% had contacts with special service AKA SBU. Any sane person would immediately see this as best lead. This is like virus that comes from Wuhan but not from the Wuhan lab. No-no. not the lab. Not Ukraine, no-no.
  
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