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Biden Final Crackdown on Chinese EV

One of Biden’s last parting gifts for Beijing is bound to stir up controversy in the auto industry. The administration is set to finalize rules on Tuesday that effectively ban nearly all Chinese cars and trucks including EVs from U.S. roads. Cars with hardware and software sourced from China are the subject of the ban, which isn’t exactly a new focus of the Biden cabinet. And the timing of this ruling will set the stage for a tense handoff to Trump’s incoming administration. New changes to the rule, which will be handed over to the Trump administration for final sign-off, include widening the ban proposed in late 2023. The new proposition now includes heavier commercial vehicles as well as additional provisions that increase the scope to effectively ban all Chinese cars and trucks from entering the U.S. market. What are the effects of the ban on both China and US?

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