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Tariffs and the EV Landscape
This chapter analyzes President Biden's decision to impose a 100% tariff on electric vehicles imported from China, exploring its potential impact on market prices and competition between U.S. and Chinese manufacturers. The discussion highlights the challenges faced by American EV companies, historical tariff implications, and the competitive edge that China holds in the EV sector. Additionally, the conversation touches on future strategies for addressing raw material shortages and sustainability issues in the rapidly evolving auto industry.