President Biden is expected to quadruple tariffs on electric vehicles from China in an announcement Tuesday, according to a source familiar with the decision.
Oh yeah, because there’s still cars made in America where the workers get decent wages and working conditions
…
Like, I’m sure they don’t in China either.
But what’s the difference between a Chinese oligarch who doesn’t pay American taxes and an American oligarch who doesn’t pay American taxes?
I’m sure there’s a couple besides if someone’s wealth changes GDP, but are there any that make up for all Americans getting access to affordable EVs?
This move is terrible for the average American, so some different billionaires will make more money then they can spend.
Even if you want to make the case it helps auto workers (it really doesn’t) they make up a little over 1% of Americans.
Biden is hurting 100 Americans to “help” 1, because even that US autoworker could buy the affordable EV if they were sold here
Hell, isn’t capitalism supposed to be built on the free market? If these billion dollar corporations can only exist if we ban their competition, shouldn’t capitalists be screaming to let them burn?
German industry is/was in shambles as they allowed an unreliable trade partner, Russia, to completely take over a segment in the German economy (oil & gas). When that unreliable trade partner pulled the rug in 2022, suddenly Germany is paying out the ass for LNG, reducing factory output, even on-lining coal plants to keep the lights on.
It is simply a bad idea to allow an unreliable trade partner to take over a segment in your economy.
Free for me to take, so open your doors or I bring a warship. Not free for you to take, so don’t even think of entering competition with me or I’ll call you names and ban you.
The difference is that Chinese business is beholden to, and directly finances, the Chinese government. The US is currently trying to divert direct funding away from their enterprises for this reason.
China is becoming an increasingly unreliable trade partner. Preventing them from taking over more of America’s economy is prudent.
Oh yeah, because there’s still cars made in America where the workers get decent wages and working conditions …
Like, I’m sure they don’t in China either.
But what’s the difference between a Chinese oligarch who doesn’t pay American taxes and an American oligarch who doesn’t pay American taxes?
I’m sure there’s a couple besides if someone’s wealth changes GDP, but are there any that make up for all Americans getting access to affordable EVs?
This move is terrible for the average American, so some different billionaires will make more money then they can spend.
Even if you want to make the case it helps auto workers (it really doesn’t) they make up a little over 1% of Americans.
Biden is hurting 100 Americans to “help” 1, because even that US autoworker could buy the affordable EV if they were sold here
Hell, isn’t capitalism supposed to be built on the free market? If these billion dollar corporations can only exist if we ban their competition, shouldn’t capitalists be screaming to let them burn?
German industry is/was in shambles as they allowed an unreliable trade partner, Russia, to completely take over a segment in the German economy (oil & gas). When that unreliable trade partner pulled the rug in 2022, suddenly Germany is paying out the ass for LNG, reducing factory output, even on-lining coal plants to keep the lights on.
It is simply a bad idea to allow an unreliable trade partner to take over a segment in your economy.
Bruh.
Cars are not fossil fuels…
Like, we’re talking America here, where people who work in offices drive 100k trucks with an hour commute each way.
There is literally no way that the allowance of cheap Chinese EVs substantially hurts American automakers.
You could give them out for free with a fill up and 50% of the country still wouldn’t ride in one let alone own one.
Free for me to take, so open your doors or I bring a warship. Not free for you to take, so don’t even think of entering competition with me or I’ll call you names and ban you.
The difference is that Chinese business is beholden to, and directly finances, the Chinese government. The US is currently trying to divert direct funding away from their enterprises for this reason.