October 4, 2024
Senate bill would raise tariffs on Chinese cars, hit Chinese companies in Mexico
Republican Sen. Josh Hawley (MO) on Wednesday introduced a bill to raise tariffs on autos from China and apply them to vehicles made by China-headquartered companies that are imported from other countries, including Mexico, amid U.S. industry fears of a coming flood of electric vehicle imports. The “ Protecting American Autoworkers from China Act ” would raise tariffs on vehicles imported from China to 125 percent by hiking the base rate from 2.5 percent to 100 percent -- which would...
Not a subscriber?
Request 30 days free access to exclusive, behind-the-scenes reporting on trade policy in the Biden era.