The Impact of Tariffs on Electric Cars!
A disadvantage of the tariff is that they can lead to higher prices for consumers We always end up paying more as imported goods become more expensive and this can reduce the consumer choice and purchasing power particularly for essential goods that are heavily imported Another example is that if a tariff is import on imported automobiles say for instance electric cars right now the consumers will face higher prices when purchasing these cars limiting our ability to afford transportation options And additionally the tariffs can provoke retaliation from other countries leading to a trade war that can harm both domestic and foreign businesses we’re looking at a byd seagull This vehicle was recently introduced and kind of caught the auto industry eye
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