Biden Imposed Killer Switch 4x Tariffs to Electric Vehicles from China!
The killer switch for China EV is here!
The EV tariff will take effective this year with a final tariff rate of 102.5% up from 27.5 now. Not only the direct tariff from China EV, there's also the lithium-ion batteries for EVs which is the heart of EV.
In the end, I will share more market trends and investment knowledge in the official Learning group organized by the moomoo Education Team @Invest With Cici Everyone is welcome to join!
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1.Biden Imposes Tariffs on Chinese Chips, Critical Minerals, EVs
2.[MY] Utilities Sector been up for 32% YTD!
3.Weekly Sharing #May. 13
Disclaimer
This content is for reference only and does not constitute any investment advice, and past performance is not indicative of future performance. Returns will vary, and all investments carry risks, including loss of principal. Please make your own investment decisions.
This content is for reference only and does not constitute any investment advice, and past performance is not indicative of future performance. Returns will vary, and all investments carry risks, including loss of principal. Please make your own investment decisions.
Stocks of radar: $Tesla (TSLA.US)$, $GREATEC (0208.MY)$, $D&O (7204.MY)$, $MPI (3867.MY)$, $PENTA (7160.MY)$, $GENETEC (0104.MY)$, $KESM (9334.MY)$.
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GreedyBogard : China EV is highly competitive
105139916 : This may impede sales in the US. But there is still the rest of the world up for grabs
PokaiTrader : US consumers are destined to suffer the mediocracy of US EV features due to lack of competition. Innovation will step backward in the US. In time, this will render US EVs irrelevant in world markets.
Di Tan : China can go to other markets, that’s more than enough.
forceful Camel_0539 GreedyBogard : china ev highly competitive