In August 2017, the Office of the US Trade Representative (USTR) initiated a trade investigation under Section 301 of the Trade Act of 1974. Its purpose was to address unreasonable or discriminatory practices from Beijing adversely affecting US economic interests. That investigation led to double-digit tariffs on a wide swath of imports into the United States from China, many of which that are important to US production of electric vehicle (EV) and internal combustion engine (ICE) products.
The tariffs continue today. Since 2018, the Section 301 “China” tariffs ranging between 7.5% and 25% have been levied against critical components of the EV supply chain sourced from China.
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