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Excellent news. US auto can clearly build EV's, what is required is to do so for the mass market, rather than the luxury segment which is Tesla's core audience.

Excellent news. US auto can clearly build EV's, what is required is to do so for the mass market, rather than the luxury segment which is Tesla's core audience. Biden's adoption of the Great Wall of Tariffs will help protect the likes of GM further, so that they can continue to iterate and produce better, more affordable vehicles for the American consumer

NewJazz 2y ago
Tariffs don't decrease prices for consumers, and they don't help GM compete in the international market.
- bufferoverflow 2y ago
  Tariffs help to fight the government-subsidized Chinese EVs. Prices of which are only low because the Chinese taxpayer is paying for the difference between the real price to produce and the sales price. Without tariffs China can destroy every single US industry, one at a time, by flooding the marked with subsidized products.
  - NewJazz 2y ago
    Do you have any proof that China significantly subsidizes their vehicles on an ongoing basis? Also doesn't the US heavily subsidize domestic manufacturers e.g. during the great recession and more recently with EV subsidies? And how exactly do tariffs help US manufacturers stay competitive on the global market? They don't.
    - 8n4vidtmkvmk 2y ago
      US subsidizes like 10x more than China does
  - asadotzler 2y ago
    You are confused. US and California subsides for EVs (cars and factories and tariffs) far outpaces China's. Tesla has received 3-5 times what BYD has in subsidies for example, so maybe take this tired ass bullshit claim of China subsidies being somehow out of the norm here to some forum with people who can't read good and you might get away with it.
- hunglee2 2y ago
  this is true, but it will provide US auto manufacturers protection from external competition, so increase the chances they will finally address the mainstream domestic market with lower cost - and lower margin - offerings. Tariff walls are standard practice to nurture currently weak domestic industries
  - NewJazz 2y ago
    They may be standard practice, but they incentivize higher cost and higher margin offerings. Saying the opposite is frankly absurd.

NewJazz 2y ago

Tariffs don't decrease prices for consumers, and they don't help GM compete in the international market.

bufferoverflow 2y ago
Tariffs help to fight the government-subsidized Chinese EVs. Prices of which are only low because the Chinese taxpayer is paying for the difference between the real price to produce and the sales price. Without tariffs China can destroy every single US industry, one at a time, by flooding the marked with subsidized products.
- NewJazz 2y ago
  Do you have any proof that China significantly subsidizes their vehicles on an ongoing basis? Also doesn't the US heavily subsidize domestic manufacturers e.g. during the great recession and more recently with EV subsidies? And how exactly do tariffs help US manufacturers stay competitive on the global market? They don't.
  - 8n4vidtmkvmk 2y ago
    US subsidizes like 10x more than China does
- asadotzler 2y ago
  You are confused. US and California subsides for EVs (cars and factories and tariffs) far outpaces China's. Tesla has received 3-5 times what BYD has in subsidies for example, so maybe take this tired ass bullshit claim of China subsidies being somehow out of the norm here to some forum with people who can't read good and you might get away with it.
hunglee2 2y ago
this is true, but it will provide US auto manufacturers protection from external competition, so increase the chances they will finally address the mainstream domestic market with lower cost - and lower margin - offerings. Tariff walls are standard practice to nurture currently weak domestic industries
- NewJazz 2y ago
  They may be standard practice, but they incentivize higher cost and higher margin offerings. Saying the opposite is frankly absurd.