The Chinese Communist Party’s (CCP) premier automaker, BYD, is selling a $12,000 Electric Vehicle (EV) that “could be a nightmare” for the United States auto industry without an all-out ban or steeper tariffs on such cars made by Chinese companies.
A report from the Detroit News, which interviewed several industry insiders, details the impact that BYD’s all-electric Seagull — which sells for just $12,000 in China and about $21,000 in Latin America — may have on American auto workers without fierce trade protections.
Currently, former President Donald Trump’s 25 percent tariffs on China-made cars are the only reason BYD and other Chinese automakers have not flooded the U.S. market with cheap EVs to sell to American consumers.
AutoForecast Solutions Vice President Sam Fiorani told the Detroit News that “BYD’s entry into the U.S. market isn’t an if, it’s a…
