Asia's tech and auto suppliers weigh up impact of U.S. tariff hike

Tariffs likely to reinforce supply chain shifts from China but EV makers little moved

202405 tariffs cars

U.S. President Joe Biden has announced tariffs aimed squarely at China's EV industry, with potential ramifications for companies in other Asian nations.  © Reuters

Nikkei staff writers

TOKYO -- From component makers to battery suppliers, Asian companies are bracing for the impact of U.S. President Joe Biden's tariff hikes on imports of Chinese electric vehicles, EV batteries and materials.

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