Trump: Auto tariffs may go up in the not to distant future ...Middle East

Auto tariffs may go up in the not to distant future.

Earlier Trump said that

EV chargers are too expensive but likes TeslasHe is all for electric if you buy the right one. EV is great

Musk does like him; wants to talk to Musk about EVs

He then upped the "like" to "love" saying Musk really loves him.

After all that, Trump just signed a executive order nixing California EV vehicle rules.

What are those rules?

By 2035, 100% of new passenger vehicles sold in California must be zero-emission (battery electric, plug-in hybrid, or hydrogen fuel cell).

35% ZEVs by 2026

Rule applies to automakers, not individuals (used gas cars can still be sold or owned).

By 2036, all new medium- and heavy-duty trucks sold must also be zero-emission.

Drayage trucks (port trucks): 100% zero-emission by 2035

Charging Infrastructure Requirements

California offers rebates and grants to install chargers at homes, businesses, and public locations.

Clean Vehicle Rebate Project (CVRP): Up to $7,500 off new EV purchases (income limits apply).

Programs prioritize low- and moderate-income buyers.

This article was written by Greg Michalowski at www.forexlive.com.

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