The White House said the order also includes a mechanism to escalate the rates if the countries retaliate against the U.S.

China EV sales are seasonally slow in January due to Lunar New Year holidays, but XPeng and Xiaomi stood out. Tesla rival BYD is still on tap.

This comes after the government said that people earning up to 1.28 million rupees ($14,800) per year will not have to pay ...