14,151.59 TRY BIST 100 BIST 100
56.29 EUR EUR EUR
48.43 USD USD USD
7.26 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
39.57 TRY Interest Interest
98.41 USD Fossil Oil Fossil Oil
6.77 USD Copper Copper
103.14 TRY Silver Silver
99.67 USD Iron Ore Iron Ore
377.25 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
100.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

US to quadruple tariffs on vehicles from China

US President Joe Biden's administration is reportedly preparing to increase tariffs on Chinese clean energy products next week and will nearly quadruple duties on electric vehicles.

US to quadruple tariffs on vehicles from China

According to US media reports, signs that China is increasing its exports of clean energy products have caused concern in Washington.

It was noted that the Biden administration is preparing to increase tariffs on clean energy products imported from China in the coming days, and the tax on Chinese electric vehicles will be increased nearly 4 times.

Expected to be announced on May 14, the tariffs will affect critical minerals, solar energy products and batteries of Chinese origin.

It was stated that US officials are particularly focused on electric vehicles and are expected to increase the tariff rate from 25 percent to nearly 100 percent.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Iran issues new retaliation warning to the US

Monday, September 7, 2026

Morgan Stanley expects two rate cuts from the CBRT in the final quarter

Monday, September 7, 2026

German industrial output unexpectedly declined in July

Monday, September 7, 2026

Oil prices rise on supply concerns in the Strait of Hormuz

Monday, September 7, 2026

US comments on Iran weaken prospects for nuclear deal

Monday, September 7, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now