US Locks In China Tariff Hikes on EVs, Chips, Steel

Published on September 13, 2024

Sharp tariff hikes on imports from China, including a 100 percent duty on electric vehicles (EVs), will take effect on Sept. 27, the Biden administration confirmed on Friday. The Office of the U.S. Trade Representative (USTR) confirmed most of the increased rates that the White House had announced in May, with some adjustments to the list. From Sept. 27, the tariff on EVs imported from China will quadruple from 25 percent to 100 percent. The USTR also confirmed a 100 percent tariff on needles and syringes, 50 percent tariffs on semiconductors, solar cells, facemasks, and surgical gloves, and 25 percent tariffs on EV and other batteries, battery parts, critical minerals, steel and aluminum products, and ship-to-shore cranes....

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