Short term tariffs can allow domestic manufacturing to reach the design and scale to be competitive without tariffs. This was, in theory, the idea behind the 100% tariffs on Chinese EVs. Of course, none of the American auto manufacturers are doing anything with that leeway other than continuing to be terrible.
Short term tariffs can allow domestic manufacturing to reach the design and scale to be competitive without tariffs. This was, in theory, the idea behind the 100% tariffs on Chinese EVs. Of course, none of the American auto manufacturers are doing anything with that leeway other than continuing to be terrible.