Anthony Sassine, senior investment strategist at KraneShares, says Chinese manufacturers “are so efficient, are so ahead of the curve, that tariffs like this I don’t think will impact too much the pricing here.”
Potential EU tariffs on Chinese EVs won’t have much impact, KraneShares says
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The tariff highlights the weakness in EU & US.
Also the free market space became questionable.
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The EU needs to up them. Here the US is 125% and could be doubled. Hell with cheating communist china.
No impact – because the world will not buy new EV’s, from China or anywhere. The tech isn’t mature enough, EV’s break all kinds of promises, and the infrastructure isn’t there. Any who would buy one already have, and those who bought them are regretting their decision.
EU will not get the same treatment as Uncle Sam
This is what all U.S puppets failed to understand 😂😂😂
We in the Western world used to make free trade rules to make a lot of profits, but when we couldn’t compete, we shouted:’ the rules are not fair, I want to raise tariffs! ‘ This is just too hypocritical
Sure…
People won’t eat at McDonald’s because it costs $1 more.
Chinese EVs are not selling in the USA. The comparison was stupid.
Eu puts 20% tariff on imports, then China reduces price to suppliers by same amount. Very simple. EU would need to be very very careful with what they wish. China could make life very very difficult for everyone and in double quick time as well
WESTERN BUSINESSES ARE GOING TO BE IN A LOT OF TROUBLE HAVING ACCESS TO THE EMERGING MARKETS LEAD BY BRICS, 88%OF THE GLOBAL POPULATION WITH RISING POPULATIONS AND EMERGING ECONOMIES.
Actually just for show only, not much increase on BYD EV , 10-17.4%.
The tax rate for :
BYD 17.4%
Geely’s 20%.
SAIC 38.1%. <-- NOT EV
Fun fact: The Average Global Car Import Tariff is between 28% to 111% Why is the US Media acting as if only China is being affected by Tariffs? Every Country has high Car Import tariffs.
US: Truck import Tariff is 25%
EU: 10%-22%
China: 15-20%
Brazil: 35%
India: India has a Car Import Tariff of 125%
Mexico: 20%
Turkey: 10% (China plus 40%)
Tariffs are nothing more than a tool for a Government to capture revenue first in the import supply chain, and with how low cost Chinese Vehicles are these Governments are gonna make a huge margin on the import. It’s a money maker.
All these losers are so scared of China…hahahaha!!!!
The US has indirectly tax the buyers of these cars. It’s them who will fork out to buy them.
They should just shut down Tesla shanghai to make Elon Musk pay for what he stirred up! Bankrupt Tesla!