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Former Democratic Senator Al Franken & Bill Maher discussing Biden's 100% tariffs on EVs built in China & imported to the US: Bill Maher: Why does it (tariffs) not work only for Republicans? Isn't it a bad idea what the Democrats are doing? Al Franken: I don't know electric... show more
2,040,908 просмотров • 2 лет назад •via X (Twitter)
Комментарии: 10

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Franken is wrong. All the China simps are lying. In the case of a 20% tariff on TV's from China we simply buy Korean TV's (or some place with no tariff). Duh. China can either lower their price or not sell TV's in the US.

Hate to say it but Franken is spot on here. Kudos to him for also admitting tariffs are wrong regardless of which party is pushing them.

UAW. That’s why. Also terrif are supposed force companies to start manufacturing here so their products won’t have tariffs. A least that’s the idea.

Biden's 100% tariffs on Chinese EVs aim to protect legacy automakers by slowing the influx of cheaper, technologically advanced Chinese vehicles, giving domestic manufacturers time to adapt. However, this might not significantly impact Tesla, which has already established a strong presence in China, benefiting from local production and market understanding. While legacy automakers get a temporary shield, Tesla's global strategy positions it well regardless of these tariffs. 🇺🇸👍🤔

Franken is right on unit economics, but misses the bigger picture. Tariffs affect the flow of trade and reduce China's access to the U.S. market, the largest demand center globally. That loss hits China, while U.S. firms benefit. Tariffs aren't just taxes—they're tools for geopolitical leverage, and domestic protectionism. Trump isn't entirely wrong, Franken's take is oversimplified.

Reason is to protect good paying American jobs only Tesla can compete with China. They have subsidized their production capacity so no regular capitalism can compete with that,

People saying tariffs are universally bad for a nation that has multiple tariffs levied against it by other nations and suffers horrendous trade deficits are the type of people that let bullies run their life Have to use tariffs as a negotiating tactic. It’s a double-edged sword

It's simple economics 101. Companies here in the US need to make a profit (good margins). Tariffs make that harder, so they avoid buying high tariff products so they can increase margins.

Most Gas and Hybrid vehicles suck compared to EVs. Even @Ford ‘s CEO Jim Farley admitted that over 50% of the population would be better off driving EVs than gas or hybrid vehicles. I will never go back to owning a gas car ever again…
