EU and USA also give direct subsidies to vehicle manufacturers. I'm just not buying the narrative that all these huge tariffs on Chinese goods are merely to com

EU and USA also give direct subsidies to vehicle manufacturers. I'm just not buying the narrative that all these huge tariffs on Chinese goods are merely to combat "illegal" subsidies. That implies that Chinese industries are not profitable, in which case -- where is the money coming from? There are large tariffs on nearly every category of good shipped from China. The USA put a 266% tariff on Chinese steel[0]. Is china really only charging the USA 26% of their cost for producing steel? And just eating the other 74% losses? If it was a handful of products, this might make sense but I've seen this "illegal support / dumping" claim for nearly everything coming out of China. If it was all true, they'd be bankrupt! It costs about 10 times as much to build a chemical plant in the USA vs. building it in China. At some point we have to accept that money genuinely just goes further in China, and adapt to that the best we can. Maybe that means consolidation to create greater economies of scale for expensive nearly-fully automated factories, and balancing that consolidation by opening up our markets to real competition from China. Maybe it means using Neo-colonialism to build up competing countries industry who also have large pools of inexpensive labor. Yes, any solution is painful, and perhaps I'd be more accepting of tariffs if they went directly to the right citizens to ease the economic pain of job losses in each sector. At some point though, we have to come to some kind of reckoning instead of burying our heads in the sand and trying to just keep the status quo of everything being super expensive. 0: https://www.industryweek.com/the-economy/public-policy/article/21971307/us-imposes-266-duty-on-imports-of-steel-from-china https://www.industryweek.com/the-economy/public-policy/artic...