The Biden administration is considering raising tariffs on Chinese EV exports to the U.S., according to a report from the Wall Street Journal. Video TranscriptSEANA SMITH: Well, the Biden administration is considering raising tariffs on some Chinese goods, including electric vehicles. As part of that policy, electric vehicles from the world's second largest economy are already subject to a 25% tariff. Story continuesBut China builds tons of cars and tons of electric cars. So that would be a real concern for autoworkers here and for all the communities that depend on American-made cars because Chinese cars, like all Chinese products, would be considerably cheaper.

Source: Wall Street Journal December 21, 2023 18:33 UTC