The US will impose tariffs on EVs from China after review

Bloomberg headline saying Biden’s administration is poised to unveil a sweeping decision on China tariffs as soon as next week

• targeting key strategic sectors (including electric vehicles, batteries and solar equipment) with new imposts

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The US slapping tariffs on Chinese products is not overly surprising is it?

Trump accelerated doing so, Biden has built on his. And we’re heading into an election, so there are likely to be more to come.

This article was written by Eamonn Sheridan at www.forexlive.com.