Lol
this post was submitted on 29 Apr 2025
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politics
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If Trump had made this announcement in the morning, or the day before, this could have swung the election in favor of conservatives.
He probably thought they held their election on Tuesday, because doesn't everyone?
I suspect the devil is in the detail here. China is only the third largest supplier of auto parts overall at ~9%, after Mexico (41%) and Canada (10%). ^1^ But for some particular vehicles, China is a much more significant supplier^2^, and for some components, particularly components of EVs China is damn near the only supplier presently ^3^. Also this exemption seems to be set to decay over the next three years. This all reads to me as Trump making incentives for building out production for the worse kind of car that is less likely to grow in demand, and only putting those incentives in place for 3 years when it would take, like, 10 or 15 years to build the supply chain and production... All while locking us out of the fastest growing market for cars.