Numberone@startrek.websitetoTechnology@beehaw.org•History says tariffs rarely work, but U.S. President Biden’s 100% tariffs on Chinese EVs could defy the trend, researcher says
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7 months agoSee this makes sense to me. In good faith I don’t understand how tariffs couldn’t work. I mean, even if it doesn’t STOP import of Chinese EV’s, the uptake would be so much less than if they were 50% off…right?
History is rife with examples of countries developing their own industries by making imports more expensive.
Yeah maybe the problem is no one is describing what “work” means in this case. The goal is to reduce Chinese market share in the US EV market, protection of US industry ( lets be honest, probably the owners’ income stream). I don’t see that goal failing being likely.