• News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Sunday, June 22, 2025
  • Login
Auto Journal Africa
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Ask Autojorunal AI
No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
No Result
View All Result
Morning News
No Result
View All Result
Home Electric Vehicles

US to increase tariffs on Chinese imports starting August 1

David Ijaseun by David Ijaseun
May 22, 2024
in Electric Vehicles
0
China car export
871
SHARES
8.7k
VIEWS
Share on FacebookShare on Twitter

The United States has announced significant tariff increases on a range of Chinese imports, including electric vehicles (EVs), batteries, computer chips, and medical products. These new tariffs will take effect on August 1, the Office of the United States Trade Representative (USTR) confirmed on Wednesday.

President Joe Biden will uphold tariffs introduced by his predecessor, Donald Trump, while significantly increasing others. This includes a quadrupling of duties on Chinese EVs to over 100% and doubling semiconductor tariffs to 50%.

READ ALSO

Lucid vs. Rivian: The battle for America’s EV future heats up

Ferrari hits the brakes on second electric car, delays launch to 2028

The USTR has opened a 30-day public comment period, ending on June 28, to gather feedback on the impact of these tariffs on the US economy and consumers. The agency is also seeking opinions on whether proposed tariffs, such as a 25% duty on medical masks and gloves and a 50% duty on syringes, should be higher.

The United States imported nearly $640 million worth of gloves, masks, and syringes from China in 2023, which will be affected by these new measures. Specific tariff codes for 387 product categories, along with new duty rates and implementation dates, are detailed in the notice.

“The revised tariffs are necessary because China is stealing US intellectual property,” stated US Trade Representative Katherine Tai. She also mentioned that the tariffs are focused on “products targeted by China for dominance, or sectors where the United States has recently made significant investments.”

The Biden administration is investing heavily in clean energy tax subsidies to develop US industries in EVs, solar energy, and other new sectors. The tariffs aim to shield American jobs from a potential influx of cheap Chinese imports, which could undermine these investments.

The new measures will impact $18 billion worth of current Chinese imports, including steel, aluminium, semiconductors, critical minerals, solar cells, and cranes. While the US imports few Chinese EVs due to existing vehicle tariffs, the largest affected category is lithium-ion batteries. Duties of 25% on non-vehicle lithium-ion batteries, valued at $10.9 billion, are set to begin in 2026.

The US imported $427 billion in goods from China in 2023 and exported $148 billion to China, maintaining a trade gap that has long been a contentious issue in Washington.

China has condemned the tariff hikes, promising “resolute measures” to protect its interests. In response, Beijing announced a new anti-dumping investigation on certain industrial plastics from the US, Europe, Japan, and Taiwan.

“The formal notice is an important step in making substantial tariff increases on targeted, strategic products,” said Katherine Tai.

US Treasury Secretary Janet Yellen, speaking at a G7 finance ministers meeting in Italy, emphasized the importance of international cooperation to counter China’s industrial policies. However, she clarified that she was not requesting other G7 nations to adopt the new US tariffs.

As the situation unfolds, businesses and consumers alike will be watching closely to understand the full impact of these tariff changes on the US economy and global trade relations.

Read more on User data: Uber denies breach, defends compliance in Lagos State amid threats of sanctions

Tags: electric vehicles

Related Posts

Lucid vs. Rivian: The battle for America’s EV future heats up
Electric Vehicles

Lucid vs. Rivian: The battle for America’s EV future heats up

June 19, 2025
Ferrari Second Electric Car
Electric Vehicles

Ferrari hits the brakes on second electric car, delays launch to 2028

June 18, 2025
Tesla drivers in France file lawsuit over Elon Musk’s political outbursts
Electric Vehicles

Tesla drivers in France file lawsuit over Elon Musk’s political outbursts

June 16, 2025
UK lawmakers signal u-turn on EV ‘Tesla tax’ after industry backlash
Electric Vehicles

UK lawmakers signal u-turn on EV ‘Tesla tax’ after industry backlash

June 11, 2025
OceanwalkerS60e
Electric Vehicles

Solar-Electric Oceanwalker S60e promises cleaner, quieter cruising by 2026

June 11, 2025
VinFast posts $712m Q1 loss despite 300% jump in EV deliveries
Business

VinFast posts $712m Q1 loss despite 300% jump in EV deliveries

June 11, 2025
Next Post
Consumer Reports reveals top 5 worst cars of 2024

Consumer Reports reveals top 5 worst cars of 2024

POPULAR NEWS

Inferno at Toyota 1000 Desert Race consumes 49 cars

Inferno at Toyota 1000 Desert Race consumes 49 cars

July 3, 2023
Mobius Motors

Mobius Motors: Rising taxes, competition ends Kenyan SUV maker’s journey

August 7, 2024
Autojournal car race

Get ready for the biggest RACE show this December in Nigeria

August 12, 2024
From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

October 25, 2024
Oyo State Governor gifts Saheed Osupa Toyota Prado SUV worth ₦70M 

Oyo State Governor gifts Saheed Osupa Toyota Prado SUV worth ₦70M 

August 22, 2023

EDITOR'S PICK

Luca de Meo, Renault CEO

Collaborate to compete with Chinese electric vehicle makers, Renault CEO writes EU

March 26, 2024
Tesla Semi Truck charging port

Tesla Semi driver shares positive feedback on electric truck

April 24, 2023
How Nigeria’s ELV recycling initiative could transform the auto industry

How Nigeria’s ELV recycling initiative could transform the auto industry

March 8, 2025
Aviation cash out: Alaska Airlines pockets $160 million as compensation after 86-day wait

Aviation cash out: Alaska Airlines pockets $160 million as compensation after 86-day wait

April 5, 2024

About

Auto Journal Africa is the leading online and print magazine for automobiles in Africa.

Follow us

Recent Posts

  • Tesla signs landmark deal for China’s largest grid-scale battery plant
  • Heesen launches Sparta, its biggest yacht at 220 feet long
  • Lucid vs. Rivian: The battle for America’s EV future heats up
  • Tesla pauses Cybertruck and Model Y production to boost efficiency

Links

  • Privacy Policy
  • About Us
  • Contact Us
  • News
  • Reviews
  • Events
  • Tools
  • For Sale

© 2023 Auto Journal

No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa

© 2023 Auto Journal

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In