U.S. to Announce New Tariffs on Chinese Electric Vehicles
www.nytimes.com
The administration could raise tariffs on electric vehicles from China to 100 percent in an attempt to protect American auto manufacturers.
  • bitwolf@lemmy.one
    01·
    2 months ago

    Read as: The only way they can compete with Chinese vehicles is 100% tariff

    • draughtcyclist@lemmy.world
      2·
      2 months ago

      Well yeah. The companies are state subsidized and a good bit of the tech is stolen from electric car companies in other countries that actually have to pay for R&D.