Davidson News

Davidson News

Biden’s Tariff Hike Aims to Revitalize U.S. Medical Mask and Glove Industry

Biden's Tariff Hike Aims to Revitalize U.S. Medical Mask and Glove Industry

President Joe Biden’s decision to increase tariffs on Chinese goods is poised to provide a lifeline to U.S.-based medical mask and glove manufacturers. This move comes at a critical juncture for a sector that experienced a surge in demand during the COVID-19 pandemic but has since struggled to maintain momentum. Industry insiders anticipate that Biden’s … Read more

Biden Administration Imposes New Tariffs on Chinese Imports, Targeting EVs

Biden Administration Imposes New Tariffs on Chinese Imports, Targeting EVs

President Joe Biden is set to unveil a series of new tariffs on Chinese electric vehicles (EVs), semiconductors, batteries, solar cells, steel, and aluminum. The tariffs on EVs are poised to surge to 100%, quadrupling the existing tariff of 25%, as disclosed by a source familiar with the impending trade measures. Combatting Unfair Practices and … Read more