Technology@lemmy.world

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return2ozmatoTechnology@lemmy.worldEnglish·5 months ago

Biden really, really doesn’t want China to flood the US with cheap EVs

(www.theverge.com)

281

Biden really, really doesn’t want China to flood the US with cheap EVs

(www.theverge.com)

return2ozmatoTechnology@lemmy.worldEnglish·5 months ago

Tariffs will rise to 100 percent from the current 25 percent level.

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The Tariff is actually against Steel and Aluminium heavily subsidized by the CCP and flooding the market. At no point in Biden’s speech did he talk about EVs or electronics.