By Agathe Demarais – FP Live
On May 14, Washington slapped new tariffs on China in what looks at first glance like the latest round of a familiar trade spat. The White House imposed duties of 25 to 50 percent on a range of industrial, medical, and clean tech goods—including semiconductors, solar cells, batteries, steel, aluminum, graphite, magnets, syringes, and ship-to-shore cranes. Strikingly, the latest measures also include a whopping 100 percent tariff on electric vehicles, effectively shutting the U.S. market to Chinese-made EVs.