The White House is set to announce new China tariffs as soon as next week, with a levy on electric vehicles and other clean energy goods.
The full announcement is expected on Tuesday and will target solar goods, critical minerals, and batteries from China, according to reporting from the Wall Street Journal. The Biden administration has invested in these industries domestically. The White House did not respond to a request for comment.
Chinese electric vehicles currently face a 25% tariff, and the administration is expected to raise that as much as 100% in order to make it more expensive to buy the product from China. The new tariffs are not expected to include traditional gasoline-powered cars that are made in China.
The new tariffs are also expected to include new levies on semiconductors, which Biden has worked to boost domestically. Lawmakers passed the bipartisan CHIPS and…
