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Protecting automakers can be considered a vital business for national security. This is not good for consumers, but relying on China for everything also carries
by ekianjo 9mo ago
Protecting automakers can be considered a vital business for national security. This is not good for consumers, but relying on China for everything also carries many risks.
- Jarwain 9mo agoIf China could sell it's cars here, it would spur American automakers to innovate, no? Government protectionism causes complacency
- surajrmal 9mo agoIt definitely worked in the past with Japanese cars.
- lan321 9mo agoIt's a balance. If a country is investing severely in a specific industry you can either tax them out of your swamp, counter invest in your industry or, realistically, do a mix. It'd be difficult to compete with companies receiving large gov assistance without gov assistance and I find taxing them slightly safer than making it rain on specific people/companies.