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US increased tariffs on some products imported from China

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US increased tariffs on some products imported from China

US President Joe Biden administration decided to increase customs duties on products such as steel and aluminum, semiconductors, electric vehicles, batteries, critical minerals and solar cells imported from China in order to support domestic production in critical industries.

In the statement made by the White House, it was noted that Biden took action to protect American workers and businesses from China’s unfair trade practices.

In the statement, which stated that China filled global markets with artificially low-priced export products, it was stated that Biden ordered to increase tariffs on $18 billion worth of imports from China in response to China’s unfair trade practices and the resulting damage.

In the statement, it was reported that tariffs were increased in strategic sectors such as steel and aluminum, semiconductors, electric vehicles, batteries, critical minerals, solar cells, ship-to-shore cranes and medical products.
It was stated in the statement that the tariff rate for some steel and aluminum products will be increased from 0-7.5 percent to 25 percent this year, and the tariff rate applied to semiconductors will be increased from 25 percent to 50 percent by 2025.

The tariff rate applied to electric vehicles will be increased to 100 percent

In the statement, it was stated that the tariff rate applied to electric vehicles will increase from 25 percent to 100 percent this year.

In the statement, it was stated that the tariff rate on lithium-ion electric vehicle batteries will increase from 7.5 percent to 25 percent this year, and the tariff rate on lithium-ion batteries not intended for electric vehicles will increase from 7.5 percent to 25 percent in 2026. It was noted that the applied tariff rate will increase from 7.5 percent to 25 percent this year.
In the statement, it was stated that a new 25 percent tariff will be applied to some critical minerals this year, and a 25 percent tariff will be applied to natural graphite and permanent magnets in 2026.
In the statement, it was reported that the tariff rate for solar cells will increase from 25 percent to 50 percent this year.
In the statement, it was stated that new tariffs of 25 percent will be applied to ship-to-shore cranes and 50 percent for syringes and needles, and tariff rates for certain personal protective equipment, including some respirators and face masks, will increase from 0-7.5 percent to 25 percent. transferred.
In the statement, it was noted that tariffs on rubber medical and surgical gloves will increase from 7.5 percent to 25 percent in 2026.

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