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US-China Trade War: Beijing’s EV, Strategic Sectors To Face Tariffs From Joe Biden Administration
Marking a major escalation in the ongoing China-US confrontation, President Joe Biden's administration is all set to announce new China tariffs as early as next week targeting strategic sectors, according to reports. Electric cars, batteries, microchips, and solar equipment sectors are among the important industries that the administration plans to target with new tariffs. This is one of Biden's boldest pushes in the contest with China for economic supremacy, even though it is anticipated that the decision to be announced on Tuesday next week, might be postponed since the White House refused to respond on the matter.
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