In a recent announcement, the U.S. government unveiled plans to significantly increase import duties on electric vehicles (EVs) and other goods from China, sparking escalating trade tensions between the two economic giants. The Office of the U.S. Trade Representative revealed that the tariff hikes are scheduled to take effect on August 1, 2024. U.S. Trade … Continue reading U.S. Special Tariffs on Chinese EVs Set to Take Effect in August 2024