Posted 3/5/2024, 3:18:07 PM
Chinese Automakers Undeterred by US Tariffs, Confident in Technology Investments While Policymakers Grapple with Balancing Competition and Protection
- Chinese automakers face US tariffs, but are still competing with US companies in other markets
- BYD executive claims trade restrictions won't determine "final winner," technological investment will
- Elon Musk says restrictions protect US companies from being "demolished" by Chinese competition
- Heatmap editor says tariffs make it hard for regulators and suppliers to balance competition and protection
- Managing cheap Chinese imports while keeping US/European companies competitive is a major policy challenge