ABC News

JUST IN: Pres. Biden announced new tariffs on $18 billion worth of Chinese imports, including electric vehicles and their components, in a move aimed at protecting his administration's investments in key sectors across the U.S. "I'm determined that the future of electric vehicles will be made in America by union workers, period," Biden said during the announcement in the Rose Garden. The Biden administration argued that the action won't affect inflation. https://lnkd.in/etf6WqV4

Pres. Biden on Tuesday will announce new tariffs on $18 billion worth of Chinese imports — including a sharp tax hike on electric vehicles — to help protect his administration's investments in key sectors in the U.S. https://trib.al/VPxFYaH

Roughly 15 years after a housing bubble triggered the worst U.S. financial disaster since the Great Depression, some observers are voicing concern that the industry has fallen into another bubble. Learn more: https://trib.al/aCRCAO7

Melinda French Gates will step down as co-chair of the Bill & Melinda Gates Foundation, the nonprofit she and her ex-husband Bill Gates founded and built into one of the world's largest philanthropic organizations over the past 20 years. https://trib.al/8zbrkxS

A Vermont bill is poised to make oil and gas giants shell out billions in climate change cleanup in a measure to hold companies responsible for environmental damage. https://trib.al/MDJq96l

Pres. Biden is expected to quadruple tariffs on electric vehicles from China from roughly 25% to 100% and raise other tariffs on key industries — including semiconductors, solar, and batteries — in an announcement Tuesday, according to a source. https://trib.al/YaNibwc

Microsoft announced its most substantial commitment yet to France, pledging on Monday to invest roughly $4.3 billion this year to bolster the country’s burgeoning artificial intelligence sector. https://trib.al/xidPjB7

McDonald's could soon be lowering prices — and possibly adding a new value meal to its menus. https://trib.al/tGaPDYn

Amazon’s self-driving robotaxi unit is being investigated by the U.S. government's highway safety agency after two of its vehicles braked suddenly and were rear-ended by motorcyclists. https://trib.al/yfb4cz7

This morning, Michael Cohen is set to serve as the star witness in former Pres. Trump's New York criminal hush money trial, potentially delivering testimony that could cement the Manhattan district attorney's case and send Cohen's former boss to prison. https://trib.al/svgoFJf