> Aren’t electric cars in America subsidized by at least a 7500 dollar tax credit
Yes, which is bad in my opinion, however subsidies in the form of US tax breaks stimulate US consumption it doesn't distort foreign consumption significantly, but also major foreign consumer markets put tariffs on US vehicles imports anyway for the same reason we are doing so.
That makes sense, thanks. I would still prefer American companies get onboard with tiny electric cars rather than the massive electric trucks happening. This is like the 70s all over again with the gas crisis and American auto manufacturers being caught out.
Yes, which is bad in my opinion, however subsidies in the form of US tax breaks stimulate US consumption it doesn't distort foreign consumption significantly, but also major foreign consumer markets put tariffs on US vehicles imports anyway for the same reason we are doing so.