Biden expected to quadruple tariffs on Chinese electric vehicles: Source
abcnews.go.com
President Biden is expected to quadruple tariffs on electric vehicles from China in an announcement Tuesday, according to a source familiar with the decision.
  • tal@lemmy.todayEnglish
    4·
    2 months ago

    I think that having a battery supply chain that China doesn’t control is a major goal, so that probably isn’t going to provide much leverage.

    Though, personally, I wouldn’t want lithium battery prices to spike until that gets sorted out.