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President Joe Biden announces a significant increase in tariffs on a range of Chinese imports, including electric vehicles, semiconductors, and other critical goods. Speaking from the White House, Biden emphasizes that these measures are intended to address China's unfair trade practices and protect U.S. industries.
While speaking from the White House, Biden said the tariffs are meant to counter China's unfair trade practices.
President Biden said China cannot control the EV market.
Biden touted the work his administration's done in the EV industry.
The new tariffs will affect approximately $18. . .
