Noah Smith at Noahpinion:
The U.S. should follow Canada’s lead on EV tariffs, slashing them to a very low level while initially limiting the number of annual imports. While Canada’s deal involved only vague promises of Chinese investment in the Canadian auto industry, the U.S. should require far more firm commitments, along with strong incentives for local sourcing of components like batteries and motors. And the dangers of espionage and sabotage can probably be minimized through additional measures.
There are a number of reasons that this would be in America’s own self-interest.
More here.
Enjoying the content on 3QD? Help keep us going by donating now.