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Tariff is lot a subsidy! lol Tariffs on trucks ensured that there is a substantial number of manufacturers here in the US. So, can you provide any info on the
by reliabilityguy 1y ago
Tariff is lot a subsidy! lol
Tariffs on trucks ensured that there is a substantial number of manufacturers here in the US.
So, can you provide any info on the subsidies?
- infecto 1y agoYou’re right, tariffs aren’t subsidies. They just function like one by kneecapping foreign competition so domestic automakers can overcharge with a straight face. Actual subsidies? -Federal: ATVM loans (e.g., Tesla, Ford), $7.5K EV tax credits. -State: Georgia gave Rivian $1.5B. Tennessee handed VW ~$500M. Michigan’s tossed cash at GM like it’s confetti. So yeah, no subsidies at all, just billions in “non-subsidy” market distortion to keep the hometown heroes afloat. So, can you provide any substance to the conversation?