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ITC researchers: Higher global tariffs on Chinese EVs could fuel Chinese parts exports

May 9, 2024 at 12:57 PM
A global tariff hike on Chinese electric and hybrid vehicles could significantly reduce China’s exports to the U.S. and other major economies but likely would fuel a jump in EV parts exports from China, according to new research by U.S. International Trade Commission staff members. In an ITC staff working paper released this week, four commission researchers examine the effects of a global 20 percent tariff increase applied to Chinese electric and hybrid vehicle imports, finding that such a...

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