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Yep, it's going to make everything more expensive (lemmy.world)

submitted 1 month ago by [email protected] to c/[email protected]

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[–] [email protected] -1 points 1 month ago (1 children)

Those taxes didn’t really impact many things that American consumers can already buy.

They mostly hit Chinese manufacturers that were on the edge of releasing sub-40k EV in the US. Example: Geely’s Volvo ex30. That thing is a very compelling alternative to what Tesla offers.

[–] [email protected] -2 points 1 month ago (1 children)

A cheaper ev hitting us market would impact what americans can buy,

[–] [email protected] 1 points 1 month ago

My point is that Biden’s 100% tariffs on Chinese manufacturers EVs do not increase the cost of living in the US. It basically keeps it the same, since Americans really aren’t buying BYD or Geely cars coming from Chinese manufacturing lines.

Trump’s proposed tariffs would increase the cost of goods people in the US are already purchasing, not just the goods people might purchase.