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World News@lemmy.mlEnglish · 7 months ago

Biden Is Trying to Buy EVs Time With New Tariffs on China. It Might Not Work

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Biden Is Trying to Buy EVs Time With New Tariffs on China. It Might Not Work

schizoidman@lemmy.ml to

World News@lemmy.mlEnglish · 7 months ago

America now has 100 percent tariffs on Chinese electric vehicles, but with US automakers struggling to compete and its reliance on China’s materials, will this help? Mercedes, BMW and VW think not.

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7 months ago
US companies internationally will still struggle though. Might even make the US car market even more of a galapagos.

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