this post was submitted on 21 Oct 2024
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So, when will the huge tariffs on EU-made electric cars start?
What do you mean? Why would Europe impose tariffs on their own cars?
Europe wouldn't. The US would. I'm one of those US-centric users everyone gripes about, it would seem.
I don't think the US would either. Their justification for tariffs on Chinese cars was that they were uncompetitively cheap due to subsidies. Doubt EU is gonna subsidize cars, at least as heavily as China.
That was the justification, yes.
Whether you agree or not with their justification (or think that it's not the real reason), they clearly have no justifications (or reasons) to impose tariffs on unsubsidized (or at least not as heavily subsidized) EU cars.
Except for the oil lobby.
The oil lobby wouldn't be specifically against cars from another region, they are against electric vehicles in general, whether they are produced domestically or otherwise. The primary benefactors from the tariffs are the US electric car manufacturers, who would lose profit over not being able to compete with subsidized cars. They are probably the ones who lobbied for them.
They're against inexpensive electric vehicles.