TSLA - Could US Tariff Changes Impact Your Next Electric Vehicle Purchase? | Benzinga
The U.S. is contemplating increasing tariffs on Chinese electric vehicles and other goods to reduce dependence on China and support its own green industries.
This move focuses on limiting the influence of Chinese electric car manufacturers, as China is a dominant player in the global electric vehicle market.
In 2023, China will likely account for about 60% of the world's 14.1 million new passenger electric vehicle sales.
Also Read: Nvidia Navigates U.S. Restrictions: Orders Specialized AI Processors from TSMC for China Market
As the U.S. government considers increasing tariffs ...