Chinese EV stocks drop on expectations Biden could hit sector with 100% tariff next week

Shares of Nio, Li Auto and other Chinese electric-vehicle makers were falling Friday, following multiple published reports that the Biden administration could roll out much-anticipated new tariffs next week that target those companies as well as other Chinese industries.
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[mwai_chat context=”Let’s have a discussion about this article:nnShares of Nio, Li Auto and other Chinese electric-vehicle makers were falling Friday, following multi