The Biden administration is poised to unveil new tariffs on imported Chinese electric vehicles, creating a potential roadblock for Chinese automakers wanting to expand into the American market.
Until the US government doubles the price to protect our own garbage auto industry.
Though maybe if they take that money and funnel it into subsidies for own promising upstarts like Rivian and Aptera… but no, that would mean our corrupt officials wouldn’t be able to plunder it for own big donors. What was I thinking?
Until the US government doubles the price to protect our own garbage auto industry.
Though maybe if they take that money and funnel it into subsidies for own promising upstarts like Rivian and Aptera… but no, that would mean our corrupt officials wouldn’t be able to plunder it for own big donors. What was I thinking?
Nah, the reason is China is heavily subsidizing their EVs to snap up marketshare. If this was a US company, we’d call it anticompetitive behavior.
And no, I don’t think we should subsidize anything. If the tariffs really are leveling the playing field, let them compete.