US tariffs guarantee EV cars will become unaffordable for incomes not in the top 20%. Everything is going to become more expensive.

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1. I am by no means an expert on global price indices, but I will say that 5x anywhere else in the world is definitely untrue. Cars and electronics (including appliances), for example, are significantly cheaper in the US than in the UK and Sri Lanka, where I live on an alternating basis (particularly if you live in a state with low sales taxes). Indeed, I often get friends from the US to purchase small consumer electronics from there and bring them to me when possible. Granted, prices for these two items in particularly can be found lower elsewhere such as China, but this is not the rule for everywhere in the world