The electric vehicle tariff will take effect this year, with a final tariff rate of 102.5%, up from 27.5% now. And tariffs on certain steel and aluminum from China — currently facing a 0% or 7.5% tariff — will rise to 25% this year.
Tariffs on lithium-ion batteries for electric vehicles, as well as battery parts, will jump to 25% from 7.5% this year, while non-EV lithium-ion batteries make the same jump in 2026. Solar-cell tariffs will rise from 25% to 50% this year.
The electric vehicle tariff will take effect this year, with a...
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