Biden Administration Set to Reveal Findings on China Tariffs Investigation After President Accuses It of Unfair Trade Practices
By : Benzinga
Published On: 2024-05-13
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The Biden administration is expected to announce this week the results of its two-year investigation into tariffs on China, which could include raising duties on a range of industries such as EVs, batteries, and critical minerals. The review aims to address China's unfair trade practices and the economic damage caused to important US sectors like steel, aluminum, solar panels, and more. The move also comes after Biden recently tripled tariffs on Chinese steel and aluminum, citing that China is "not competing, they're cheating."
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