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China Slams New US Tariffs on EVs and Other Imports
Posted
May 15, 2024
Views
10,657
Likes
233
Comments
36
Engagement
2.52%
May 15, 2024
10,657
233
36
2.52%
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0:17Now PlayingChina blasted the Biden administration’s move to increase US tariffs on a wide range of Chinese imports, vowing to take its own action, without giving specifics.
“China will take resolute measures to safeguard its own rights and interests,” the Ministry of Commerce said in a statement Tuesday. “The US should immediately correct its wrong actions and cancel the additional tariff measures against China.”
President Joe Biden is hiking tariffs on imports from China including semiconductors, solar cells, and critical minerals, with rates ranging from 25% for batteries to 100% for electric vehicles. The announcement was the culmination of a review of predecessor Donald Trump’s tariff increases — none of which were rolled back.
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