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The Biden administration today implemented steep tariff hikes on Chinese imports. The measures include a 100% tax on electric vehicles. The White House says the tariffs will strengthen protections for strategic domestic industries from Chinese production. The Office of the US Trade Representative said the taxes include a 100% duty on Chinese EV's, 50% on solar cells, and 25% on steel, aluminum, EV batteries, and key minerals. The agency said the tariffs would go into effect on September 27th.