October 4, 2024
301 review sparks praise, criticism and -- from China -- a pledge to retaliate
The Biden administration’s plan to raise tariffs on electric vehicles and other products from China in “strategic” sectors is drawing a mix of praise and criticism from domestic stakeholders -- and, from Beijing, a promise to take “resolute measures” to defend itself. The administration early on Tuesday said it was maintaining tariffs on most imports from China while raising them steeply on EVs, semiconductors, solar products, steel and aluminum, among other goods. The action, which followed the Office of the...
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