Busess _ May 18th 2024 Edition
informs·2024-05-18 23:14

Business | May 18th 2024 Edition economist.com/the-world-this-week/2024/05/16/business Joe Biden imposed another round of tariffs on Chinese exports to America, most notably increasing the duties on electric vehicles to 100%. America imports relatively few Chinese EVs but Mr Biden suggested his steps were pre-emptive. Chinese carmakers are expanding in Europe, but “We’re not going to let China flood our market,” said the president, with one eye on votes in Michigan, the centre of America’s car industry and ...