THE BIG TARIFFS ARE HERE

Summary from the TLDR Founders newsletter

The United States is imposing 100% tariffs on Chinese-made electric vehicles, which will effectively keep them out of the American market. The tariffs may not significantly impact consumers, since few Chinese EVs are currently sold in the U.S. They are part of a broader shift towards protectionism in American trade policy, driven by concerns about jobs, trade imbalances, cybersecurity risks, and maintaining domestic manufacturing capacity for defense purposes.