Well, there was so much news about how here in Canada today the country has agreed to change the tariff prices on Chinese EV’s where in return China will reduce tariffs on Canola oil. It didn’t seem to generate too good of a reaction from the people I spoke to as it actually made people think how it will kill various industries like automobile ones as the market may be flooded with these cars.
Some people that did stock investing were scrambling to invest in Chinese EV companies. As a consumer though it was interesting to see how some people were actually thinking of buying other brands before this takes place as they assume those companies may exit the market due to not having those financial advantages and so people want to lock in their purchases now or risk not being able to get it later.
For myself, I will wait and see still as I am sure this will ruffle feathers with other countries to the point where the country may have to do the same.