Vfacts December 2022

[Franco Cozzo]

Originally Posted by Sprintey

Little bit of news from the US.

It seems they are going to redo tariffs unless you make 85% or so locally, ie domestic production. Sounds like how Australia had it's car industry back in 1970!!

https://www.youtube.com/watch?v=OG1q9gdxDq0

There's also 8K rebate or so on domestically produced electric cars?

They are protecting their industry, old school style. It's the new (old) way of the world. We could do the same with Toyota, Ford and Hol... oh wait

They already have something called the 'chicken tax' on utes - if its not made in the US it attracts a huge tariff that makes it non competitive with the locally made ones.

Thats why Tunda, Ridgeline et al are all made in the US.