The secondary (almost primary) problem is that the tariffs aren’t guaranteed long term. You can’t spend 5 years building a billion dollar electric vehicle manufacturing facility in the US and then have the tariffs lifted and China undercut the hell out of you because their batteries are locally sourced and they pay their employees $2.75/hour.
The secondary (almost primary) problem is that the tariffs aren’t guaranteed long term. You can’t spend 5 years building a billion dollar electric vehicle manufacturing facility in the US and then have the tariffs lifted and China undercut the hell out of you because their batteries are locally sourced and they pay their employees $2.75/hour.