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Libertarian Convention, Ashley Biden's Diary & Hochul's 'Clown' Comments | PBD Podcast | Ep. 415
PBD Podcast
Tariffs and the Automotive Industry
This chapter explores the evolution of tariffs on imported cars, from Trump's 25% increase on Chinese cars to Biden's recent 100% tariff on EVs. It delves into the pricing and competitiveness of Chinese BYD cars compared to American electric vehicles, highlighting the impact of tariffs on the industry and the challenges faced in competing with China's low-cost electric vehicles. The conversation also touches on historical trade policy shifts, implications on capitalism, and how tariffs influence innovation and economic feasibility in the automotive and oil production sectors.
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