Biden administration increased EV tariffs from 25% to 100-200% and raised permanent magnet tariffs from 0% to 25% as part of broader US supply chain decoupling from China focused on domestic and allied supply development.
factualpending
Speaker
Nomi PrinsEvidence Quote
“they brought EV um tariffs from 25% to 100% 200% in some cases...they brought permanent magnets which are intrinsic to our our defense um our satellites...from 0% to 25%”
Source
'Permanent Distortions' Created: These Are Economy's Biggest 'Red Flags' | Nomi Prins— David LinCreated: 8/11/2026, 1:12:12 AM
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