In mid-May, U.S. President Joe Biden unveiled a proposal for new tariffs on a variety of Chinese imports. This year, the U.S. will raise tariffs on Chinese electric vehicles to 102.5 percent from 27.5 percent, double the rate on solar cell imports to 50 percent, and more than triple the rate on lithium-ion EV batteries […]
A New Front in the US-China Trade War
Washington’s expansion of tariffs will hurt Beijing in the long run, if not the short term.
