The 100% Tariff on Chinese EVs Is a Double-Edged Sword, and Americans Will Pay the Price
autoevolution
MAY 18, 2024
The recently announced tariffs on Chinese goods, including a 100% tariff on electric vehicles, mark a new phase of what will soon be a full-blown economic war. Many argue that raising tariffs on Chinese EVs won't change much because very few were imported into the US anyway. However, they will cause more problems down the road, including for American carmakers and the Americans.
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