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Biden announces new tariffs on Chinese EVs, semiconductors, solar cells and more (lemmygrad.ml)

submitted 1 year ago by yogthos@lemmygrad.ml to c/us_news@lemmygrad.ml

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https://www.whitehouse.gov/briefing-room/statements-releases/2024/05/14/fact-sheet-president-biden-takes-action-to-protect-american-workers-and-businesses-from-chinas-unfair-trade-practices/

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[–] TowardsTheFuture@lemmy.zip 19 points 1 year ago (1 children)

Funny part is even at double the cost these cars can probably compete because they’re then what, the price of a Tesla and 5x the quality of Tesla?

[–] RedClouds@lemmygrad.ml 29 points 1 year ago

Yeah, when I saw their cheapest car was $10,000 and that would get raised to like 22 grand. I'm thinking that most people would probably still take that over a Model 3 haha