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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
by 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 agoDo 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 agoUS subsidizes like 10x more than China does
- asadotzler 2y agoYou 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.