250% Tariff Hits Chinese EVs in the U.S.
The U.S. has imposed a 247.5% tariff on Chinese EVs, blocking brands like BYD and Xiaomi. But China is fighting back—here’s how the trade war is unfolding, and why Mexico could be a loophole. 1. The Tariff Breakdown: Why Chinese EVs Are Locked Out The U.S. has stacked tariffs to create a near-insurmountable 247.5% barrier … Read more