Biden set to impose tariffs on Chinese electric vehicles, sources say

FILE - Visitors check out the China-made BYD ATTO 3 at the IAA motor show in Munich, Germany, Sept. 8, 2023. As early as May 14, 2024, the Biden administration reportedly will announce new tariffs on some Chinese products, including electric vehicles.

U.S. President Joe Biden is set to announce new tariffs on China as soon as next week, targeting strategic sectors, including electric vehicles, according to two people familiar with the matter.