US to raise tariffs on Chinese electric vehicles: Report

WASHINGTON, May 11: The United States is planning to increase tariffs on Chinese clean energy goods, news reports said Friday, with levies on electric vehicles expected to roughly quadruple.

The move, reported by the Wall Street Journal, comes at the end of a long-awaited review of tariffs that were imposed during a trade war between Washington and Beijing. Then-president Donald Trump imposed tariffs on some $300 billion in goods from China.

Officials have since initiated a review of the actions, with the US Trade Representative required to look into the impact of the levies -- first introduced in 2018 -- after four years.    —AFP