This is a handout to the US oil and gas industry and US legacy auto. It also eventually kills US legacy auto (as China will consume global light vehicle TAM with cheap EVs). It’s maximizing short-term profits at the expense of long-term longevity.
Another “the US economy is being stripmined” data point.
So this is in response to the Canadian tariffs because they're going to jack up auto manufacturing costs?
This is a handout to the US oil and gas industry and US legacy auto. It also eventually kills US legacy auto (as China will consume global light vehicle TAM with cheap EVs). It’s maximizing short-term profits at the expense of long-term longevity.
Another “the US economy is being stripmined” data point.
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