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Ok What's in it for these companies to give the US all their stuff? I'm seeing a lot of demands form the US with the only upside being the privilege to sell st

Ok What's in it for these companies to give the US all their stuff? I'm seeing a lot of demands form the US with the only upside being the privilege to sell stuff to Americans. What can they use those dollars to buy?

alephnerd 1y ago
This plant [0] and others like it were all subsidized by the Inflation Reduction Act (IRA) [1]. If our tax dollars are going to subsidize the construction and development of these factories, then they better follow our laws. Hyundai is the only malcontent. Every other IRA project has not had a similar kind of scandal. If Hyundai doesn't want to participate in American Industrial Subsidizes by following our laws, they can return the billions of dollars in subsidizes provided. > I'm seeing a lot of demands Follow our laws if you want our subsidizes. Hire American if you want our subsidizes. Biden literally told Hyundai's leadership this same thing point blank. [2] [0] - https://www.ossoff.senate.gov/press-releases/sen-ossoff-lg-energy-solutions-hyundai-to-build-4-3-billion-ev-battery-plant-in-georgia-create-3000-jobs/ https://www.ossoff.senate.gov/press-releases/sen-ossoff-lg-e... [1] - https://e2.org/announcements/ https://e2.org/announcements/ [2] - https://www.ft.com/content/c677b9aa-2e89-4feb-a56f-f3c8452b3674 https://www.ft.com/content/c677b9aa-2e89-4feb-a56f-f3c8452b3...