The Biden administration’s plan to raise tariffs on Chinese electric vehicles, solar cells and a number of other products will mostly take effect on Aug. 1, the Office of the U.S. Trade Representative said Wednesday in a Federal Register notice.
However, there are some exceptions, as expected: proposed duty increases for semiconductors will take effect on Jan. 1, 2025, and proposed increases for lithium ion non-electrical vehicle batteries, medical gloves and natural graphite will take effect one year later, USTR said.
President Joe Biden announced the tariff increases last week following a lengthy review of the Section 301 tariffs that his predecessor, former President Donald Trump, imposed on more than $300 billion worth of Chinese goods.
Biden decided against reducing any tariffs and opted instead to increase duties in a number of strategic sectors, with a particular focus on clean technology goods. That has spawned fears of Chinese retaliation against U.S. tech products or other items, such as farm goods.
