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Tariffs only apply to countries that make cars really, so don’t expect Australia to care much if BYD is selling below cost. America and China already have mutua

Tariffs only apply to countries that make cars really, so don’t expect Australia to care much if BYD is selling below cost. America and China already have mutual tariffs in each others cars, China has those with most car producing countries (put in place originally and ironically to protect the Chinese car market)

echelon 3y ago
> put in place originally and ironically to protect the Chinese car market Patrick Boyle has a fantastic essay on this: https://www.youtube.com/watch?v=rZgaj0jScOI https://www.youtube.com/watch?v=rZgaj0jScOI
- seanmcdirmid 3y ago
  There is a 10% tariff in cars from China into the EU (I’m sure that’s reciprocal). > Europe levies a duty of 10% on cars imported from China. That compares with duty of 27.5% in the United States, and China's manufacturers have taken advantage to carve out a significant and rapidly growing foothold in the European https://www.cnn.com/2023/09/13/cars/europe-china-electric-car-subsidies/index.html#:~:text=Europe%20levies%20a%20duty%20of,foothold%20in%20the%20European%20market https://www.cnn.com/2023/09/13/cars/europe-china-electric-ca.... Of course, Europe is more than just the EU. And I don’t think the EU will shy away from protectionism, since China does the same. But in that case I’m sure BYD will just open up a factory in one of the cheaper EU countries (if they haven’t started that already).
  - Al-Khwarizmi 3y ago
    > Of course, Europe is more than just the EU. And I don’t think the EU will shy away from protectionism, since China does the same. But in that case I’m sure BYD will just open up a factory in one of the cheaper EU countries (if they haven’t started that already). Yes, already happening in Hungary. https://www.byd.com/eu/news-list/BYD_to_Build_A_New_Energy_Passenger_Vehicle_Factory_in_Hungary_for_Localised_Production_in_Europe.html https://www.byd.com/eu/news-list/BYD_to_Build_A_New_Energy_P...

echelon 3y ago

> put in place originally and ironically to protect the Chinese car market Patrick Boyle has a fantastic essay on this: https://www.youtube.com/watch?v=rZgaj0jScOI https://www.youtube.com/watch?v=rZgaj0jScOI

seanmcdirmid 3y ago
There is a 10% tariff in cars from China into the EU (I’m sure that’s reciprocal). > Europe levies a duty of 10% on cars imported from China. That compares with duty of 27.5% in the United States, and China's manufacturers have taken advantage to carve out a significant and rapidly growing foothold in the European https://www.cnn.com/2023/09/13/cars/europe-china-electric-car-subsidies/index.html#:~:text=Europe%20levies%20a%20duty%20of,foothold%20in%20the%20European%20market https://www.cnn.com/2023/09/13/cars/europe-china-electric-ca.... Of course, Europe is more than just the EU. And I don’t think the EU will shy away from protectionism, since China does the same. But in that case I’m sure BYD will just open up a factory in one of the cheaper EU countries (if they haven’t started that already).
- Al-Khwarizmi 3y ago
  > Of course, Europe is more than just the EU. And I don’t think the EU will shy away from protectionism, since China does the same. But in that case I’m sure BYD will just open up a factory in one of the cheaper EU countries (if they haven’t started that already). Yes, already happening in Hungary. https://www.byd.com/eu/news-list/BYD_to_Build_A_New_Energy_Passenger_Vehicle_Factory_in_Hungary_for_Localised_Production_in_Europe.html https://www.byd.com/eu/news-list/BYD_to_Build_A_New_Energy_P...