Losing Tax Incentives Could Decimate EV & Battery Manufacturing in the US
Losing Tax Incentives Could Decimate EV & Battery Manufacturing in the US
As the current US Administration leaves the world in chaos with tariff threats in the hopes of bringing manufacturing back to the US, the plan to repeal current tax incentives/credits for the EV industry could end up decimating the domestic EV and battery manufacturing industry before it’s even taken hold.
A ​study was performed by Princeton University’s Zero Lab​ on the potential damage repealing the tax credits could have on the EV and battery manufacturing industry within the US.
Spice Importer Decided to Have a “Tariff Sale”
It’s like the old saying goes: “Make lemonade if life gives you lemons.” (or something along those lines).
Burlap and Barrel, a spice importer, which imports spices from India, Vietnam and Indonesia, decided to hold a “tariff sale” to incentivize customers to buy now before tariffs kick in and make things more expensive.
It was a resourceful way to get sales in during a time of uncertainty.
​See how the sale turned out for them​.
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