Biden Admin Pushes Higher Tariffs on Chinese EVs to Protect US Automakers
TL;DR Summary
Secretary of Energy Jennifer Granholm emphasized the importance of the Biden administration's plan to quadruple tariffs on Chinese electric vehicles to over 100% starting in August, arguing it is crucial for protecting the U.S. auto industry. The administration is also investing heavily in clean energy subsidies to support the domestic market for EVs and other technologies, while criticizing China's industrial policies. Despite some Republican opposition, Granholm believes reversing these subsidies would be politically challenging due to their job creation benefits.
- Biden admin official says higher tariffs on Chinese EVs are crucial for US automakers Fox Business
- Granholm calls higher US tariffs on Chinese vehicle crucial for automakers Reuters
- Tariffs won’t save the US battery industry from China Semafor
- Is China’s E.V. Industry a Threat to the U.S.? The New Yorker
- This Is Who the Chinese Tariffs Would Hurt Autoweek
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