President Joe Biden is ramping up the trade war with China by keeping the tariffs serial sex abuser Donald Trump (SSAT) placed on some Chinese products and adding new ones or increasing them. In particular he is expected to placed tariffs on Chinese electric vehicles (EVs).
The Biden administration is getting ready to announce new tariffs on imports of goods from China — products like electric vehicles deemed to be policy priorities.
The announcement, which could come as early as next week, was confirmed by a source familiar with the tariff deliberations, who spoke on condition of anonymity ahead of the formal announcement of the decision.
The administration has been reviewing tariffs on Chinese goods since President Biden took office – steep duties on about $370 billion of imports from China each year, put in place by former President Donald Trump as one of his signature policy moves.
The Biden administration has decided to keep those Trump tariffs in place — and in addition, add a range of strategic items to the list. The decision was first reported by Bloomberg.
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