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I was wondering what would happen if either 1 The feds told American car makers that they would release the tarrifs if they didn't release an electric car unde
by BobaFloutist 2y ago
I was wondering what would happen if either
1 The feds told American car makers that they would release the tarrifs if they didn't release an electric car under $xx,xxx (15k? 20k?) in the next x years, or if
2. they made the tarrifs naturally diminish over time (from 10k to 9k to 8k) to give American companies a runway but slowly pressure them to improve their offerings.
I'm far from a policy expert here. I just wish we could put some price pressure on them without entirely ceding the industry.
- churchill 2y agoI can see both policies you suggested working out fantastically, if followed through. Legacy American automakers would panic at first before they get to work. But, if these automakers can lobby for tariffs in the first place, why would they hobble themselves by giving these tariffs a deadline? They can simply maintain these tariffs till forever, effectively doubling the price of any car out of China. The US population is essentially a captive audience. Also, judging by America's antagonistic politics, any Party that opens the market to Chinese cars would be branded traitors & enemies of the working man and they'd likely do poorly in state and national elections.