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by markdown
180 days ago
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The BYD Shark 6 sells for US$40k in Australia: https://bydautomotive.com.au/shark-6 There's a 100% tariff on top of all the regulatory and political hurdles that prevent BYD from selling in the US, but it shows that a very nice truck can be built for $40k. |
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It is easy to understand what the tariffs are attempting and why, but what supporters don’t get is that at the very least it’s all wrong in sequence and timing, not to mention poorly executed due to the schizophrenic and manic nature of American politics that is dominated by the president’s supposed term limits and warfare of memes people believe. “A day late and a dollar short” has probably never been more appropriate.
The inherent problem with empire and reserve currency is that it supplies a drug to a ruling class that is already inherently prone to excess.