Simple way to view EV tariffs.
The US and other Western nations will do well to tariff Chinese EV imports only to the point these don’t undercut the prices of homegrown EVs.
Why? Because Chinese EVs are clearly way ahead in the game and have something to offer consumers besides price.
There will be strong demand for Chinese EVs as seen with $NIO popularity in Norway, Germany, Sweden, etc. Governments won’t tax Chinese EVs too high as it will kill off demand.
After all, it’s better to get 25% of $100 billion in EV imports than to get 200% of $10 billion.
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Red Guppy : Unfair game.