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Biden’s tariffs will make us pay more for cars we don’t want — but are forced to buy

Biden’s tariffs will make us pay more for cars we don’t want — but are forced to buy

NY Post
Friday, May 17, 2024 09:55:37 PM UTC

Not long ago, President Biden promised to transform the American auto industry — “first with carrots, now with sticks” is the analogy The Washington Post used.

Now, I don’t know about you, but I’m not sure I’d trust the president to drive my car, much less dictate the future of industrial policy.

Yet Biden implemented draconian emissions limits for all vehicles, ensuring that within nine years 67% of all new passenger cars and trucks will be electric.

In the old days, a centralized state controlling manufacturing and commerce, production, prices, wages and conditions in our biggest sectors would be called “fascist.”

Today, we simply refer to it as the Green New Deal.

And, after forcing automakers to build more substandard, technologically regressive, overpriced and unpopular electric cars, Biden has now slapped enormous tariffs on imports, not only ensuring that taxpayers continue to prop up a state-run project with billions but also guaranteeing that everyone will pay more for all cars.

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