The United States Trade Representative Katherine Tai said today that she is issuing a formal proposal in the Federal Register to increase tariffs on specific products in strategic sectors including electric vehicles, batteries and computer chips. The notice also establishes the framework for an exclusion process for machinery, and proposes temporary exclusions for 19 tariff lines for solar manufacturing equipment. The notice establishes a 30-day period for public comment on these tariff changes. This means the EV and battery tariffs start on 1 August 2024.
“Today, I am following through on my commitment to stand up to the People’s Republic of China’s unfair trade practices by issuing a formal proposal to modify the tariff actions,” said Ambassador Katherine Tai. “The President has directed me to make substantial tariff increases on targeted, strategic products, and this is an important step to carry out that vision. The President and I will continue to fight for American workers, and for our economic future and national security.”* Continue reading










EV Grumblings – VW ID.7 Luxury Sedan Delayed or Killed?
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In a terse statement issued by Volkswagen today in Reston, VA, the German automaker said that it is delaying the introduction of the ID.7 sedan in the U.S. and Canada, “as market dynamics continue to change.” Rough translation from AutoInformed: the car market in the US continues to shrink and VW has been a weak player in this segment for decades. More economic dollars and sense can be obtained promoting the ID.Buzz van due in the Fourth Quarter and marketing the already on sale 2024 ID.4 Sport Utility Vehicle. The upcoming tariffs on Chinese batteries and other things may be significant factors as well. (AutoInformed: Milestones – Volkswagen 75th Anniversary in the United States; Biden Administration Chinese Trade War Tariffs Start August 1)
“In Europe, the ID.7 has been on sale since 2023 and has become an industry standard, winning various international awards and comparison tests. After the introduction of the ID.7 Tourer, customer demand for the models is higher than expected, especially in Germany,” VW said. Continue reading →