Yeah, unfortunately we’re investing tens of billions into EV manufacturing. Another major investment from Siemens was announced just this morning. If we drop those very justified tariffs, we won’t have an EV industry in Canada anymore. As long as the Chinese government is heavily subsidizing BYD research and production, tariffs are appropriate to balance the playing field. Otherwise our nacent industry will get smothered in the crib.
no tariffs are justified. If that industry gets smothered it just makes it better for some other industry. National protectionism makes the whole world hungry.
Yeah, unfortunately we’re investing tens of billions into EV manufacturing. Another major investment from Siemens was announced just this morning. If we drop those very justified tariffs, we won’t have an EV industry in Canada anymore. As long as the Chinese government is heavily subsidizing BYD research and production, tariffs are appropriate to balance the playing field. Otherwise our nacent industry will get smothered in the crib.
no tariffs are justified. If that industry gets smothered it just makes it better for some other industry. National protectionism makes the whole world hungry.