Washington: The United States is gearing up to impose a hefty 100% tariff on electric cars brought in from China, according to a report released on May 11. If this action is taken, it would mark a significant escalation in the ongoing trade dispute between the US and China, potentially prompting retaliatory tariffs from the Chinese government led by Xi Jinping. The proposed tariff increase represents a staggering four-fold rise from the current 25%. This decision follows expressions of frustration from senior US officials regarding China’s excessive production of electric…
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