Summary
The Biden administration said Friday that it has finalized tariff hikes on certain Chinese-made products. The rate will go up to 100% on electric vehicles, to 50% on solar cells and to 25% on electrical vehicle batteries, steel, aluminum, face masks and ship-to-shore cranes.
CNN's John Defterios reports that the White House is considering imposing new tariffs on Chinese imports. Defterius says the move would be in response to China's recent actions in the South China Sea.
