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> Carmakers from China, an emerging automaking behemoth, face a 25 percent tariff enacted by Donald Trump. As a result, Americans cannot buy small Chinese EV se
by User23 2y ago
> Carmakers from China, an emerging automaking behemoth, face a 25 percent tariff enacted by Donald Trump. As a result, Americans cannot buy small Chinese EV sedans like the BYD Seagull that cost around $10,000, barely a fifth the price of an average American car.
Uhhh? So pay the tariff and get a $12,500 electric car? Still sounds like a pretty good deal plus the government gets some revenue. Where is the problem? Where is this “cannot” coming from?
- kccqzy 2y agoIt's because BYD (rightly IMO) predicts that if they sell such a vehicle, the government will immediately react by increasing the tariff. (Also the $10,000 cost doesn't include shipping.)