The POTUS Timeline
Economy

Announces new tariffs on imported electric-vehicle batteries

Issued a proclamation imposing tariffs on certain imported EV batteries and related components to protect domestic producers and promote onshoring.

Elevates trade tensions with major trading partners, could reshape auto-supply chains and influence EV industry investment decisions.

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Notes: Elevates trade tensions with major trading partners, could reshape auto-supply chains and influence EV industry investment decisions.