Headline RoundupMay 13th, 2024

US to Quadruple Tariffs on Chinese EVs, Reports Say

Summary from the AllSides News Team

Later this week, the Biden administration is expected to announce sharp increases to import tariffs on Chinese electric vehicles (EVs) and a range of strategic energy sector goods.

The Details: The tariff on Chinese EVs is expected to shoot up from 25% to about 100%. Other potentially affected products include solar cells, batteries, semiconductors, medical supplies, and more. 

For Context: Some White House economists are reportedly apprehensive about a potential surplus of Chinese manufactured goods inundating American markets. In recent testimony before the House Appropriations Committee, Commerce Secretary Gina Raimondo expressed concern over China potentially dumping cheap products into American markets.

How The Media Covered It: Coverage trickled in over the weekend and on Monday, as several outlets confirmed the news with sources “familiar with the decision.” Outlets on the right appeared less likely to cover the story than mainstream news outlets rated Center and Lean Left. This summary was developed with the help of AllSides' AI technology.

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