The US has decided to impose additional tariffs on Chinese products, and the tariff on electric vehicles has increased by 100%

The US government decided on the 13th to significantly increase import tariffs on Chinese products, including a 100% increase in tariffs on electric vehicles, in order to strengthen the protection of domestic strategic industries in the United States. A press release from the Office of the United States Trade Representative said that some tariffs will take effect on September 27. In addition to the 100% tariff on Chinese electric vehicles, the United States will also impose a 50% tariff on Chinese solar cells and a 25% tariff on Chinese steel, aluminum, electric vehicle batteries and key minerals.

At the same time, the United States will increase import tariffs on Chinese semiconductors by 50%, and this new tax rate will take effect in January 2025. Two new categories of polysilicon and silicon wafers used in solar panels have been added to the semiconductor item.

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