Biden's Tariff Hike Targets Chinese EVs and Batteries

TL;DR Summary
The Biden administration's new tariffs on electric vehicle batteries from China will also impact ebike batteries, raising tariffs from 7.5% to 25% by 2026. This has sparked concerns in the cycling industry about increased costs for Chinese-made bicycles and components, potentially affecting US consumers and the adoption of ebikes. The future of tariff exclusions for other cycling products remains uncertain, with advocacy groups urging for extensions to avoid price hikes. The US is experiencing an ebike boom, with sales peaking in 2022 and state-level rebate programs showing promise in promoting ebike use and reducing carbon emissions.
- Biden's New Import Rules Will Hit Ebike Batteries Too WIRED
- US says tariff increases on Chinese EVs, batteries and chips to start Aug. 1 Reuters
- US, China and EU Jockey for Dominance in New Era of Trade Protectionism Bloomberg
- Joe Biden is set to quadruple tariffs on Chinese EVs this summer Quartz
- A 100 Percent Tariff on Chinese Cars Is a Bad Idea. Here's a Good One. The New Republic
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