The United States on Friday finalized tariff increases on certain products made in China, first announced in May amid industry complaints that the increases would disrupt supply chains and businesses.
Many of the tariffs - including 100 percent on Chinese electric vehicles, 50 percent on solar cells and 25 percent on steel, aluminum, electric vehicle batteries and key minerals - will go into effect on September 27.
Information Technology Industry Council Chairman Jason Oxman criticised the US government for repeatedly dismissing industry concerns about the impact on economies and supply chains. U.S. businesses and consumers have borne a cumulative cost of $221 billion since the imposition of tariffs under Section 301 of the U.S. Trade Act, the tech trade association said in a statement.
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