U.S. automakers and suppliers are optimistic that tariffs on Chinese electric vehicles (EVs) will not keep Chinese companies out of the U.S. market forever. The tariffs, which took effect on Aug. 23, are a response to China’s refusal to allow U.S. companies to sell EVs in the Chinese market without local production. However, some industry experts believe that the tariffs may not be enough to deter Chinese companies from expanding their presence in the U.S. market. Instead, they may lead to increased production in the U.S. or other countries, such as Mexico and Canada.
