The recent surge in fuel prices due to the war in Iran has spurred demand for electric vehicles around the world, and Chinese car makers are making the most of the opportunity.
The recent surge in fuel prices due to the war in Iran has spurred demand for electric vehicles around the world, and Chinese car makers are making the most of the opportunity.
That’s what tariffs are for. There is no contradiction and no hypocrisy.
Nobody is against tariffs as a concept, every country protects some industry that is deemed critical (like agriculture) with tariffs and trade barriers. What people complain about are wholesale, generalized tariffs on everything from everywhere based on a ChatGPT suggestion.
Protecting a key industry like electric car manufacturing using tariffs is fine, using tariffs for everything because you just learned the word, is not.
We can’t have affordable electric cars because Biden wanted to protect Elon’s profits.
That’s fine by you.
I never said my opinion about that, just said what tariffs are for.
Obviously protecting an industry makes prices go up, that’s exactly the intended effect.