Key facts
- US imposes tariffs on Chinese electric vehicles, solar cells, semiconductors, and other goods.
- Tariffs on EVs will quadruple to over 100%.
- Tariffs on solar cells will double to 50%.
- Tariffs on semiconductors will double to 50% by 2025.
- The measures are aimed at protecting American industries and workers.
The Biden administration has announced a significant escalation of trade tensions with China by imposing new tariffs on a range of Chinese imports. The measures include a quadrupling of tariffs on electric vehicles, bringing them to over 100%. Tariffs on solar cells will be doubled to 50%, and tariffs on semiconductors will also be doubled to 50%, with this increase phased in by 2025. These actions are part of a broader strategy by the US to protect domestic industries and workers from what it describes as unfair competition and trade practices by China. The move is expected to draw a response from Beijing and could have ripple effects across global supply chains and international trade relations.