New Delhi, Oct. 11 -- Prices of electric vehicles (EVs), wind turbines, and semiconductor parts are expected to rise following the fresh trade escalation between the United States and China, according to a report by the Global Trade Research Initiative (GTRI).

The United States has announced an additional 100% tariff on Chinese goods, effective November 1, 2025, which will raise the overall tariff rate on Chinese imports to approximately 130%.

The announcement, made by President Donald Trump on October 10, through a Truth Social post, marks the sharpest escalation in US-China trade tensions since the original tariff war began in 2018.

GTRI stated "The impact will be felt quickly. Prices of EVs, wind turbines, and semiconductor parts ar...