Biden increases tariffs on Chinese imports of electric cars and chips

US president Joe Biden: Tariffs move in election year risks Chinese reaction.

US president Joe Biden has unveiled a bundle of steep tariff increases on an array of Chinese imports, including electric car batteries, computer chips and medical products, risking an election-year standoff with Beijing in a bid to woo voters who give his economic policies low marks.

China immediately vowed retaliation. Its commerce ministry said Beijing was opposed to the US tariff hikes and would take measures to defend its interests.