To encourage China to eliminate its unfair trade practices regarding technology transfer, intellectual property, and innovation, the President is directing increases in tariffs across strategic sectors such as steel and aluminum, semiconductors, electric vehicles, batteries, critical minerals, solar cells, ship-to-shore cranes, and medical products.
The increased tariffs, affecting around $18 billion in annual imports, target transportation, clean energy technologies, raw materials, and more, intensifying trade tensions and emphasizing domestic manufacturing.
Higher tariffs on Chinese-made EVs, batteries, semiconductors, and critical minerals are aimed at protecting the US market and industry competitiveness against more affordable Chinese products.
Tariffs on important materials like semiconductors, lithium-ion batteries, and critical minerals are set to rise to boost US production in key sectors like EVs, solar panels, and steelmaking.
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