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Biden To Impose Tariffs On China Electric Vehicles

U.S. President Joe Biden holds a press conference about his meeting with Chinese President Xi Jinping before the start of the APEC summit in Woodside

President Joe Biden is reportedly planning to impose tariffs on electric vehicles imported from China, according to sources familiar with the matter. This move is seen as a significant development in the ongoing trade relations between the United States and China.

The decision to impose tariffs on Chinese electric vehicles comes as part of the Biden administration's efforts to address concerns related to national security and economic competitiveness. The tariffs are expected to be aimed at protecting the domestic electric vehicle industry in the United States.

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