President Joe Biden has made an effort to put the brakes on Chinese entries into the U.S. car market. His administration has been considering raising tariffs on Chinese EVs -which already would be subject to a total tariff of 27.5% should they be become available in the U.S. and which would not be eligible for a popular $7,500 EV tax credit.
Donald Trump has called for a 100% tariff on Chinese EVs while warning about Chinese car manufacturing in Mexico. The former president’s proposal, floated last month in a speech warning about a possible “bloodbath” for the U.S. car industry, came after Republican Sen. Josh Hawley of Missouri called for total tariffs of 125% on Chinese EVs in February, and after GOP Sen. Marco Rubio of Florida backed a flat $20,000 tariff on all Chinese vehicles.
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