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.