Why EV Tariffs Won’t Stop Chinese Cars
Today, China has the manufacturing capacity to supply half the world’s cars. And it has its eyes on the United States. While there are already Chinese-owned brands available in the states, including Volvo, Polestar and Lotus, no true Chinese brands have arrived in the U.S. as of yet. Insiders say it’s only a matter of time though. President Biden slapped Chinese automakers with stiff tariffs – effectively doubling the price of an imported EV May 2024. However, some insiders say tariffs may not be that effective in the long run, and may even do more harm than good.
Chapters:
0:00 – 01:45 Introduction – Why EV tariffs won’t stop Chinese cars
01:53 Chapter 1- World’s biggest producer –
05:21 Chapter 2 – Tariffs
08:44 Chapter 3 – Alternatives
Producer: Robert Ferris
Editor: Darren Geeter
Animation: Christina Locopo, Jason Reginato
Senior Managing Producer: Tala Hadavi
Additional footage: Getty Images, BYD, Polestar, Volvo, Geely, Tesla, Toyota, Honda
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Why EV Tariffs Won’t Stop Chinese Cars
27 Comments
Meanwhile all congress does is fight over culture wars. We have lost our focus on economics by distractions that do not matter.
Proud of China
Westerners think the Chinese are stupid
Why Should I buy a trash Tesla for 60K, while I can buy a nice BYD car with amazing dash and interior design for less than 20K (without tariff)?
Imagine a car that's sold only 10,000 $ with a full tank running 1300 miles, very low cost for maintenance, that's what BYD is making right now.
China is good on copy other company patents
Because they are better, cheaper, and last longer than American crap made today!
Chinese quality? I would NEVER buy a Chinese car if they are like their quads. Junk junk. junk.
me chai- neese me play joke me put pee pee in your coke
this is just a consequence of the greed from American corporations, in the previous decades, they moved most of their plants or all of their plants to other countries, mostly China and now they can't compete. They hated workers demanding wage increases so they looked for cheap labor, took all the training away from America and you gave away all the advantage to the Chinese. And the Chinese were smart and NATIONALIST and they learned everything they could to SERVER THEIR COUNTRY while the American corporations including CNBC had been promoting Marxism at home and anti-nationalism because "muh far right danger"
Not if president Trump is elected. We will not allow foreign vehicles into the United State. Especially China
How to make terrible products they don't last long. And I want you to buy every couple of years. Those are cheap cars and we don't want them here
Why don't you make clear that Mexico became the largest trading partner because 1. China America trade collapsed to a point very close to Mexico's, 2. China moved a lot of companies to Mexico and they are operating them.
Too many big pockets giving "gifts" to Senators right now.
Why 'overcapacity' where many consumers I know within the Belt n Road countries aren't able to buy left-hand drive EVs from China?
Some few years ago the US complained to Germany that they do not import enough US Made cars… the reply was simply to,manufacturer better cars then then buyers will buy…. Same here it is the quality not the price
Whaaa, so USA doesn't heavily subsidize Chip manufacturing? US gave $50B to Intel, TSMC! And they're complaining about $3.7B to BYD? As expected, MSNBC news is always biased. From Canada 🇨🇦. BTW, do you how many regular Canadians would love to buy cheap BUT good quality Chinese EV? A whole lot!!
america is done….they do everything to stop development in other countries.
Japan and Korea are vassal states of the US, because US holds their baxxs thro military presence.
China is independent.
Meanwhile the US is wasting time on nonsense internal infighting.
Solid-state battery versions of EV cars are coming, with charging speeds close to refueling, longer battery life, and smarter in-car applications.
Biden ia a hypocrite. Talk about green energy. They will not tariff if solar panels were made by western companies. They will say green environment is the main criteria
If the calculation is to impose tariffs and that this will solve the problem of China it will fail, if the expectation is that the car industry to use the breathing room to do what it takes to compete with China it will fail. The only thing that will make the US/EU car industries competitive is to replace the entire corporate leadership of the auto industry which still lives in the 1990s with people who live in the early 21st century.
do Chinese EV's blow up the same way as Tesla's do????? but hey one big power outage and all EV owners will be walking
US military arms sales is greater than the world top ten COMBINED.
isn't that an OVERSUPPLY?
should the world ban the sale, transportation of America Arms?
It is too risky for China to manufacture EV in the US.
One US senator said let them in, in case of a war (with US or proxy war with Taiwan or any other country) we will nationalise their assets
台灣的法律很薄弱，如果這種事發生在美國，受害者有權獲得100萬美元到幾百萬美元的賠償！這就是對精神傷害的補償