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Prove me wrong that this has nothing to do with the fact that China became the world’s biggest auto exporter last year and this is a desperate way for the US to try to protect their own auto industry.
Free market, my bottom.
Well, it’s more than that. China is actively trying to dump on the market. Selling things at a loss so they can kill and steal market share.
Sorta what Amazon did early on but on a global scale.
You do realise that you have described just now what all startups are doing in the US. Like look at WhatsApp, Facebook, etc. they were working for years if not decades on a massive loss in an attempt to more or less monopolize the segment, backed by the deep pockets of their investors.
And I think it is only fair if you demand the same level of scrutiny to all companies involved in such practices.
American companies can’t dump. This is specifically for countries to protect their own industries.
US companies can operate at a loss to gain market share, but the money losses is still in its own economy and not an outside foreign country that might not aligned with our countries values.
Plus a company can only lose money for so long that eventually the market starts correcting itself and investors pull funding. Can’t be said about China which is basically unlimited money.
The repercussions is drastic. China has already done this with solar panels. We are already beholden to them for this. If we were dependant on solar panels and not fossil fuel, they would literally be controlling our energy needs.
And the US has done this with so many industries, which you are trying to monopolize or control.
And apparently you are okay when your own country is doing this but not okay when other countries are doing it.
Does this seem fair to you, because sure as hell doesn’t seem to me.
It’s not about fair. Anti dumping tariffs is designed to protect national security and national industries. We are not exclusive to this. China themselves does the same exact thing.
Can you then explain to me what is the difference between
US companies can operate at a loss to gain market share
And dumping as in my books both are synonyms.
And mind you we already have a couple of multi trillion companies now, if this isn’t access to infinite resources what is…
Just Amazon? lol
Just an example.
Is amazon even much of a thing outside the US? Like here in Europe they have like 2 places they ship from and it takes a week to arrive and costs 10x as much as ordering from a local online store. I don’t really know anyone who uses amazon regularly.
FREE* MARKET!
*=within the US
Lol no, that hasnt been true for a long time.
- = within the US**
** = if you’re born into money
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It’s obviously protectionist who said otherwise? Let China sell their cars to friendly nations, oh wait…
I made it too late to this thread and now all the top comments are corporate shill posts for the big 3 American OEMs who already outsourced the hell out of their production lines meaning none of their points about protection or votes has been valid for at least 15 years.
Even if Mexico magically invented their own cheap EV, you better bet the USA will have that blocked or at the very least smacked with a huge tariff for no reason beyond protecting some megacorp profits.
They already lobbied for all these stupid rules against JDM back when Japan proved it could make superior cars for cheap. Then, it took them decades to enter the US market locally by building factories and whatnot.
Biden is blocking because China bad and muh lobbyist profits, not because there’s an actual issue of safety or security.
Same with Huawei, they blocked their phones and telecommunication equipment and never managed to show any proof that the Chinese government is actually snooping on their equipment.
And it is not like the US doesn’t have a proven track record of pushing American suppliers to put backdoors and pretty much doing exactly what they accused Huawei and indirectly China of doing.
Every accusation a confession.
They accuse China of doing it because it’s what they are or would do.
They most likely banned Huawei because they refused to deploy NSA backdoors, and have no backdoors to begin with.
You also likely have Michigan as a swing state this year, which means protecting the American auto industry.
I think the new Chinese made Volvo is one of the more interesting cars coming out this year. It’s $35k… AFTER the 27.5% tariff on Chinese made cars. Meaning, Volvo is actually selling this for $27k. The car is super minimal inside, but manufacturing in China is clearly allowing them to reduce costs a shit load.
US auto manufacturing would be so screwed if these things could be sold without the tariff.
Edit: also worth noting, they’re going to be leasing these direct in many states. No dealer markup.
US Auto manufacturers have screwed themselves and the US public with their current production values.
Happened in the 1970s, and Honda and Toyota ran wild. Unfortunately US automakers are more important, it seems, than those that bought their cars.
Fossil fuel production is the only reason he can say the economy is doing well.
We have record breaking production levels
It helps that we’re still ran by geriatrics that literally have no stake in the world beyond the short term.
And American geriatrics largely despise the generations that came after them. Most not only don’t want to plant trees whose shade they will never sit in, like those in a decent society would, they want to burn the trees they sat under out of spite and vanity. This tree is theirs, and all those trees over there! Make your own trees, filthy taker future people!
This is where encouraging greed and selfishness, oh I’m sorry, “rugged individualism and rational-self-interest” as our core cultural values leads, oblivion.
We also can’t understate the amount of lobbying that American “manufacturers” do even when their vehicles are assembled outside of America.
Corporate profits count for GDP, so cheap foreign cars that are good for consumers makes “the economy” look bad. Because it’s all about how the wealthiest are doing, not how an average American is doing.
Boomer bad!
Whenever I hear the economy is doing well I generally just think that they mean the stock market is doing well. The economy of the working class’s standard of living, health, and persuit of happiness is awful.
That’s such a naive bleeding heart take. If you look at the numbers, every American is making more than ever on average.
So problem solved, we’re killing it. No need for a second metric or to think about the implications of that statement any further.
Because China bad, obviously
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because US can’t compete with China
Racism and chauvinism with corruption and cronyism mixed in
America numba one!
In oil production
literally this https://www.eia.gov/tools/faqs/faq.php?id=709&t=6
If people want something they should be able to have it. If they are good enough for the EU they are good enough for the US.
The EU also protects its manufacturers by taxing Chinese cars, but the tariffs isn’t nearly as punishing as America’s.
I’d love for the US to start by cutting the tariff to something more reasonable.
Not surprised, considering the equivalent tariffs on the import of solar modules under Biden, Trump and Obama.
I mean we see their cheap shitty batteries catching on fire in bikes, hoverboards, phones, laptops… Can you imagine their cars going up in flames?
Yeah, that’s and that’s “reputable company” … Just wait until it’s RECOMBAXCKS or whatever hey will sell on amazing n.
Here is an alternative Piped link(s):
Tesla car in Texas catches on fire overnight
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I’m open-source; check me out at GitHub.
Let me picture it… weird, it looks like a Tesla.
BYD is excellent at making batteries, we have their cars n Australia and they’re pretty popular, i think even beating Tesla now, We have more stringent safety protocols than in USA too. So this isn’t the reason.
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Commence downvotes butthurt tankies.
I’m honestly confused about who the tankies are supposed to be at this point. Downvotes for what?
It costs more to own because it loses value more quickly… You mean, like all EVs? Or were you talking about the car losing half of its value the minute it drives off the lot?
Yes Trump imposed the tariff but since Biden didn’t cancel it he gets the title of the article. What 🤡 shit.
Also as another commenter pointed out, these vehicles would never pass NHTSA standards anyway.
Correct, the person who has the power to change this right now gets in the title, because they have the power to change this right now and choose not to.
Same with every policy Bush/Obama/Trump admins implemented yet Biden maintains, from torture facilities in foreign countries to blowing up children in Yemen to increased restrictions of Cuba.
So are you implying Biden is not THE president of USA?
Biden has to lead an increase in charging infrastructure. By the time that was underway (and automakers made some realistic affordable EVs) I think things would change.
And trucks with clean diesel genny powered plug-in Hybrids.
