Why The U.S. China Trade War Is Bad For Tesla (But Not All EVs)

EDIT: Since making this video, China has stepped up to the plate and gone against the rhetoric of the U.S., instead announcing that it will cut automotive import taxes this year. (http://www.latimes.com/world/asia/la-fg-china-xi-boao-speech-20180410-story.html) While those cuts have yet to be enacted, it does rather change the context of this story. However, as is the case with any news reporting, stories do change -- and thus the relevance of those stories change too. We've decided to keep this story up in its original form rather than take it down, but the context has now changed. ------- Follow Nikki on Twitter: https://www.twitter.com/Aminorjourney Follow the show on Twitter https://www.twitter.com/TransportEvolve Buy Transport Evolved SWAG : https://shop.spreadshirt.com/Transportevolved/ Support us on Patreon: https://www.patreon.com/transportevolved Make a Bitcoin Donation. URI: bitcoin:1FJooSP4d9wNVWHyJSgP4me1HB2KX8MALW Subscribe to our second channel at https://www.youtube.com/channel/UCXQSHyC8muqdwKOWGiHuy4g Right now, the U.S. and China are engaged in an ongoing war of rhetoric (and tariffs) which could result in Chinese goods being heavily taxed in the U.S. and U.S. goods being equally heavily taxed by Chinese authorities.  At the heart of the tariffs is the automotive industry. It will will suffer increased raw material costs in the U.S. thanks to American import tariffs on Chinese steel and aluminium, as well as import tariffs on any vehicles sent to China. Unfortunately for the plug-in world, California company Tesla is likely to suffer the most.  Watch the video above to find out why, don't forget to like, comment and subscribe, and support us using the links above.