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2024-05-14 03:04:52

China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US on Nostr: US Tariffs on Chinese EVs Expected to Boost Korean EV Exports, US Report Finds ...

US Tariffs on Chinese EVs Expected to Boost Korean EV Exports, US Report Finds
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#52f5979e ver:0.74

US tariffs on Chinese EVs are set to increase, potentially boosting Korean EV exports by 10%. The move aims to protect American workers and reduce dependence on Chinese imports. However, future tariff hikes on auto parts could negatively impact the Korean economy. The US Biden administration is expected to raise tariffs on Chinese EVs to 100% from 25% in May. #EVs #tariffs #trade...

#newstr #UschinaTradeRelations #ElectricVehicleIndustry #Tariffs #KoreanEvExports #UsInternationalTradeCommission

https://here.news/story/52f5979e?ver=0.74
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