The Commerce Department plans to impose a 93.5 percent levy on Chinese graphite, an essential ingredient in the batteries that power electric vehicles.
Beijing will now require government licenses for any effort to transfer abroad the technologies crucial for producing inexpensive electric cars.
Slight changes to the big budget bill left the factory’s tax credits intact, according to the carmaker, which will use the batteries to make more affordable electric vehicles.
Ford Motor said it would open a new plant in Michigan that could become ineligible for federal incentives under a policy bill championed by President Trump and passed by the House.
Automakers and car buyers are taking a second, harder look at hybrids after leaving them behind for electric vehicles.
Battery companies are slowing construction or reconsidering big investments in the United States because of tariffs on China and the proposed rollback of tax credits.
El fabricante de automóviles, que ya sufría un fuerte descenso de sus ventas y ganancias, ahora podría enfrentarse a la ira del presidente de EE. UU.
El fabricante de automóviles, que ya sufría un fuerte descenso de sus ventas y ganancias, ahora podría enfrentarse a la ira del presidente de EE. UU.
Already suffering from steep declines in sales and profit, the carmaker could now face the president’s wrath.
The U.S. Coast Guard said it would allow the fire to burn because the cars’ lithium-ion batteries could explode. The ship’s crew escaped on a lifeboat.