Tariffs would rise to 100 per cent from 27.5 per cent on China-made EVs and to 50 per cent on its semiconductors and solar cells.
The US government proposed on Tuesday increasing tariffs on imports of Chinese semiconductors, electric vehicles (EVs) and batteries to press Beijing over “unfair” technology transfer-related practices.
Tariffs would rise to 100 per cent from 27.5 per cent on EVs and to 50 per cent on semiconductors and solar cells, according to 14 proposed increases released by the US president’s executive office. Tariffs on lithium-ion vehicle batteries and battery parts would rise to 25 per cent.
“President [Joe] Biden is directing me to take further action to encourage the elimination of the People’s Republic of China’s unfair technology-transfer-related policies and practices that continue to burden US commerce and harm American workers and businesses,” US Trade Representative Katherine Tai said in the statement.
