Could Polestar Stock Be the Biggest Loser as Biden Levies New Tariffs on Chinese EVs?

Polestar (NASDAQ:PSNY) stock is in focus today on speculation that the firm could be hit hard as President Joe Biden and his administration launch tariffs against Chinese electric vehicles (EVs). Indeed, The Wall Street Journal reports that the Biden administration will quadruple tariffs on Chinese-made EVs. Other green energy goods like solar cells and batteries are being targeted as well. Based in Sweden but backed by a Chinese firm, Polestar is one of the few China-related brands with a stake in the U.S. ...