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The current 100% tariff on Chinese EV’s will negate that advantage for American consumers.
by reaperman 2y ago
The current 100% tariff on Chinese EV’s will negate that advantage for American consumers.
- jmward01 2y agoIn the short term. In the medium term it just means that when they finally do break in they will demolish the incumbent. This is exactly what happened with the US auto industry in the 80. Protecting an industry with tariffs and legislation often makes that industry lazy and slow to innovate and eventually just kills it because they have forgotten how to compete.
- jajko 2y agoEurope doesn't have that high tariffs on them, neither does rest of the world. Chinese manufacturers will continue their global meteoric rise whether they are successful in US or not, its just 4% of population even if wealthy. And if they actually do provide better cars (more secure and respecting privacy while massively cheaper), who am I to complain.