Automotive and trade experts say the increased tariffs are a near-term protectionism act that may delay but not stop Chinese EVs from coming to the U.S.
You could in fact double the MSRP of many Chinese EVs due to tarriffs and they would still be a better value than 80% of the trash EVs America and Europe puts out.
Well that doesn't sound very profit margins! Let's continue relaxing classifications and safety regs on big cars (take a shot every time something is labelled a LIGHT TRUCK to skirt safety rules) and not make anything small or affordable. American dream!
It's not just the elcrric vehicles either our entire auto industry depends on not letting companies that aren't dumb as fuck sell cars here.
If those light kei trucks werent outlawed here it would kill of three separate vehicle markets because they're better work trucks than America's trucks, better commuters than an 8 seat suv being driven by one person and they cost a third of our "cheap" cars
Additional context on why foreign small trucks are not present in the American market: https://en.wikipedia.org/wiki/Chicken_tax (25% tariff on foreign light trucks)
Tariffs always seem like a pretty limp dick response to me... Especially because they are always enacted by people that jizz themselves at the idea of the free market.
The economic analysts on BBC went the extra mile to drill into the brain of listeners that this move was NOT protectionism, but political. Biden knows if he wants those Nikki Haley Republicans to vote for him, he has to go hard on China. Also some nuance trolling