20 years ago, it made sense to prop up these manufacturers to support the domestic industry, but given the rise of the domestic EV industry (Tesla, Rivian etc),

20 years ago, it made sense to prop up these manufacturers to support the domestic industry, but given the rise of the domestic EV industry (Tesla, Rivian etc), I'm not sure if it would still make sense for a strategic perspective. Politically, it may still make sense, though.