US Delays Rocket-High Tariff Increase On Chinese EVs

This will be the second delay, though we expect to hear about the final ruling in the next few days.

US Delays Rocket-High Tariff Increase On Chinese EVs

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The Biden administration has once again delayed the implementation of its rocket-high tariff against Chinese-made EVs. In a report by Automotive News, the US government was supposed to announce the final ruling for steep tariffs on August 31, 2024, but the US Trade Representative (USTR) said that it's still in the process of crafting the final determinations for the tariff modifications, which were initially announced in May.

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