• UnderpantsWeevil@lemmy.world
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    5 days ago

    The thing about tarrifs is they don’t work well on highly desirable goods. You’re not making the cars unaffordable, you’re making them luxury items.

    Incidentally, this is the same reason extremely wealthy Chinese residents had been buying the heavily taxed American SUVs. It wasn’t about having the “best” car, it was about having something nobody else could get.