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US to impose new tariffs on Chinese goods

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The U.S. government announced plans to introduce new tariffs on Chinese goods.

Tariffs on some electric vehicles will climb to 100% from 25%.

​​“As President [Joe] Biden says, American workers and businesses can outcompete anyone — as long as they have fair competition,” White House officials said in a fact sheet detailing the tariffs early Tuesday morning. “But for too long, China’s government has used unfair, non-market practices.”

Read more from Quartz.

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