China vows severe retaliation after Biden imposes huge tariffs on EVs & batteries

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The US government has announced increased tariffs on various Chinese products, including electric vehicles (EVs), adding to the challenges faced by Chinese EV manufacturers in accessing the US auto market. As of 2024, tariffs on Chinese EVs will surge from 25 percent to 100 percent, as outlined in a recent statement from the Office of the US Trade Representative.

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