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In fact, the tariffs on BYD cars were imposed by the Biden administration.
by atlintots 2y ago
In fact, the tariffs on BYD cars were imposed by the Biden administration.
- filoeleven 2y agoYes, Biden increased by $18 billion the $300 billion tariffs that Trump first put in place. > The new tariff rates – which range from 100% on electric vehicles, to 50% for solar components, to 25% for all other sectors – will take place over the next two years. https://www.cnn.com/2024/05/14/politics/biden-tariffs-chinese-imports/index.html https://www.cnn.com/2024/05/14/politics/biden-tariffs-chines... May 14, 2024
- atlintots 2y agoYes, and this discussion is about electric vehicles in particular: > Electric vehicles imported from China will see their tariffs more than quadrupled from 27.5% to 100%