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Makes sense to me. Many countries impose tariffs on importing cars. Especially when they expect a mass influx of those vehicles to flood the market. Within chin
by noashavit 2y ago
Makes sense to me. Many countries impose tariffs on importing cars. Especially when they expect a mass influx of those vehicles to flood the market. Within china, they are incentivizing ppl to buy electric by imposing high registration fees for non EVs. They have stated clearly that they want to dominate the EVa market, so makes sense we will impose tariffs to try and protect domestic car manufacturers
- HDThoreaun 2y agoYou protect domestic car manufacturers by forcing them to compete with a decent product. Banning foreign products, which is what this effectively does, just makes the domestic products worse as they face less competition.