Biden Imposes Sweeping Tariffs on Chinese Chips, Minerals, EVs - Bloomberg

Biden Imposes Sweeping Tariffs on Chinese Chips, Minerals, EVs - Bloomberg

• President Joe Biden is hiking tariffs on a wide range of Chinese imports such as semiconductors, batteries, solar cells, and critical minerals.
• The US will also raise levies on port cranes and medical products.
• The new laws are projected to affect ~$18B in annual imports.
• None of tariffs imposed by Donald Trump are reduced.

You May Also Be Interested In

• Trump: Iran cannot have, in any way, shape, or form, a nuclear weapon
• Reddit (RDDT) added to S&P 500
• Globant S.A. (GLOB) PT Lowered to $43 at UBS