In an amazing turn of events, according to news reports, the Biden White House is exploring the possibility of raising the prices Americans pay for Chinese-made electric vehicles. EVs, of course, are the type of automobile the administration would otherwise prefer that we Americans buy. Included in this new policy would be shipments from Tesla’s Shanghai plant and vehicles produced in Chinese-owned plants located in Mexico. Chinese EVs — like it or not, an integral part of the market for environmentally friendly vehicles — are already subject to a 25 percent tariff. Now, the talk has turned to an additional border tax, no matter where such vehicles are produced, or which company ma
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