Chinese Brands Will Sell A Third Of The World's Cars By 2030: Study
Chinese Brands Will Sell A Third Of The World's Cars By 2030: Study
cross-posted from: https://lemmy.ml/post/17489670
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Confidently incorrect.
Did you read the article I pasted? Can you explain why lawmakers are worried about this problem if laws already take care of it?
I see no pasted article link in this conversation thread.
And the reason why people are talking about it is because the fed is proposing tariffs on these cars, In addition to whatever state tax.
Let’s that the car is $10k imported. The fed charges a 100% tariff (suggested by Biden actually) so that gets passed to the consumer. Now the car is $20k, plus whatever sales tax you pay locally.
The reason people are talking about it is because this only benefits the local car manufacturers who won’t make a cheap car.
The worry is that it will kill local competition.
It’s a free market in the US. I should be able to buy a Chinese car for $10k if I want too. If Ford can’t stay afloat, sucks to be ford.