The United States is one of the countries that attaches great importance to the automobile industry produced in its country. It is expected that the war to reduce the prices of Chinese electric cars may have an impact on the aforementioned industry. As a result, it has been reported that the US government is considering quadrupling taxes on imports from China from 25% to 100% and may be announced mid-next week.
This report comes from the Wall Street Journal, citing internal sources. Providing additional information: The government has been studying this measure since 2022, and it will not only affect all Chinese electric cars. But it also covers the raw materials used to produce batteries. Solar panels imported from China In addition to cars imported from China, there may also be an additional import tax on cars of 2.5% in addition to the 100% mentioned previously.
It is expected that part of this action will be due to the US government. It wants to reduce the trade deficit with China amounting to 367,400 million US dollars (about 13,447,000 million baht) in 2022, but even if there are measures to enforce the law to increase import taxes at a rate of 100%, there will still be loopholes for Chinese automakers to enforce 100% import taxes. Market penetration in the United States. That is, car production in Mexico. And then exported to America
This then brings us to another political issue: Mexico ended its support for Chinese automakers to set up factories in its country. It is reported that this is due to pressure from the United States and proposed by Donald Trump's campaign policies. This is by increasing tariffs on Chinese imports from Mexico by 60% if he wins the presidential election again in November. It is believed that this game actually has many interesting points to follow.
source: CD player, com. carscoops
“Reader. Infuriatingly humble coffee enthusiast. Future teen idol. Tv nerd. Explorer. Organizer. Twitter aficionado. Evil music fanatic.”