Biden’s Inflation Reduction Act, meant to counter China, prompted explosion in Chinese battery imports

February 20, 2024

In July 2022, weeks before President Joe Biden signed the Inflation Reduction Act into law, the Democrat said the bill would “give us the ability … to compete with China” and its dominant battery industry. One year later, U.S. imports of Chinese-made batteries jumped to record highs, according to a Washington Free Beacon review of Census Bureau data.

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