buzz86us@lemmy.worldtoWorld News@lemmy.ml•European Union imposes tariffs on Chinese EVs
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17 days agoTariffs aren’t the answer… I’ve seen some of the newer French cars and they look really amazing. They are an example of when companies have to compete in a free market.
Tariffs just hand the Chinese an even larger lead.
The Chinese auto worker is paid more than a Mexican one. Difference is the Chinese companies aren’t afraid of automation, and it has given them a financial cushion to develop better cars.