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Trudeau says Canada to impose 100% tariff on Chinese EVs
(www.reuters.com)
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this post was submitted on 26 Aug 2024
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The bigger issue is the bottom of the barrel prices making domestic competition impossible.
Sounds like a good reason to nationalize the car industry and not worry about making a profit.
Nationalize who? The only domestic companies are GM, Ford, and Tesla. This isn't about protecting those three companies, it's about protecting all of them.
Yea and that's more than half of the cars driven in the United States.
More like 34%. Tesla is 4%, Ford 13% and GM 16.9% in the US
Everybody is forgetting Chrysler/Dodge for some reason.
"The national breakdown as determined by the data is 55.55 percent for domestic makes and 44.45 percent for foreign makes."
https://www.kilgorenewsherald.com/home-is-where-the-car-is-top-10-states-for-domestic-and-foreign-car-brands/article_0027c354-4a92-58b5-bc7f-9cea645a4272.html
Chrysler/Dodge/RAM/Jeep are owned by a company based in the Netherlands.