(Less than a week after VP Harris ridiculed Donald Trump over his '100% trade tariffs on China' plan during their debate... the Biden administration, late on Friday to kill the story, announced a new 100% trade tariff on some Chinese goods coming into the country. You can't make this shit up.)
from RT
Washington has finalized tariff hikes on billions of dollars’ worth of Chinese imports, US trade representative Katherine Tai announced on Friday. The new levies will notably affect goods such as electric vehicles and semiconductors.
The tariff hikes were first announced by the White House in May of this year, but the administration of President Joe Biden said that it has since been working on finalizing the rates and setting the dates for the measures to take effect based on feedback from the American public.
According to the final document, which is dated September 12, the duties will rise to 100% on electric vehicles, 50% on solar cells, and 25% on electric vehicle batteries, steel, aluminum, face masks and some other products beginning September 27. A 50% tariff hike on semiconductors is set to take effect starting next year. The levies on a number of other products, such as non-electrical vehicle batteries, medical gloves, and permanent magnets, will be raised gradually over the next two years...
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