U.S. tariffs on Chinese electric vehicles and their effects
Ira Reese
Chief Technology Officer and Director, Global Security and Innovative Strategies, United States of America
Published 16 Jun 2024
Adobe Stock
Topic spotlight
restrictions
On 14 May, U.S. President Joe Biden placed a 100% tariff duty rate on imports of Chinese Electric Vehicles (EVs). The reasoning was that the low cost of Chinese EVs needs to be counterbalanced by tariffs so that domestic manufacturers can compete fairly against Chinese imports. Editors’ note: For developments in the EU, see ‘EU law news June 2024’.