• aStonedSanta@lemm.ee
    link
    fedilink
    arrow-up
    18
    arrow-down
    1
    ·
    edit-2
    6 months ago

    Can someone explain to me how tariffs help us? Couldn’t I buy a Chinese EV cheaper if there were no tariffs.?

    • LeLachs@lemmy.ml
      link
      fedilink
      arrow-up
      38
      ·
      6 months ago

      Correct. If there were no tariffs, you could buy a chinese EV for cheap. In this case for so cheap that the domestic US/Non-Chinese market cannot compete. So in order to protect these markets, the product needs to be made artificially more expensive with tariffs. This way, the domestic markets have a chance of competing.

      However, this also isolates the country and provokes retaliation from the other side. This usually results in both sides sabotaging their trade relations with each other (for ex. with tariffs) which is called a trade war.

      • monobot@lemmy.ml
        link
        fedilink
        arrow-up
        8
        ·
        6 months ago

        I would be surprised if China cares too much, there is the rest of the world that needs small cheap EVs and solar panels. But they must do something as response, that’s diplomacy.

        I also don’t see the problem to put tariffs to protect domestic products, sometimes it is necessar, but prohibiting completely is not cool.

    • HopFlop
      link
      fedilink
      arrow-up
      3
      ·
      6 months ago

      Yeah but they dont want you to buy Chinese EVs, this essentially pushes non-chinese EVs (so US-made or ones from Europe)

    • UnpluggedFridge@lemmy.world
      link
      fedilink
      arrow-up
      3
      ·
      6 months ago

      We have a number of subsidies for domestic EV production. That will all be a waste if China’s subsidized EVs undercut the domestic market. This is consistent with a broader effort to boost domestic manufacturing. While at odds with efforts to promote the adoption of green technologies, the administration is trying to strike a balance between competing interests, in this instance balancing consumer access to green tech with job growth, domestic manufacturing, and less reliance on China for critical technologies.