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U.S. to Announce New Tariffs on Chinese Electric Vehicle - Considering rates of 100%
(www.nytimes.com)
So basically American cars are 2x overpriced rn
this post was submitted on 10 May 2024
260 points (96.8% liked)
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Yes, and it's poor Americans who need a vehicle to buy groceries and get to work everyday who are getting shafted while the automakers rake in the profits. Not to mention the environmental costs of driving on fossil fuels.
Maybe we should get our politicians to invest in, say, mass transit. Seems pretty obvious
Why would they do that when they get bribes from automakers.
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I’m not working in the conditions the Chinese have decided is ok. They can be poor and live in barracks at factories, I like free time and money.
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Big 3 copium as usual.
Eventually they'll do what Japense OEMs did and open factories in the USA.
I mean, that's precisely the ideal case and goal of many tariffs.
Only I think they're already opening factories in Mexico. Which again isn't a terrible situation either.
Mexico
How about American companies just learn to compete? The same bullshit is why we can't get a fucking normal sized truck in this country.
How about American workers learn to work for the same wages and working conditions.
If you want companies to pay a living wage with strong unions and safe working conditions, then competition with other places that don't bother with those things becomes near impossible.
See: The factories that iPhone is built in
No. We can still pay workers much better and make much more lower priced affordable models.
Stop giving the CEOs, upper management, investors, etc., millions and millions of dollars. I don't care what anyone says.
We can have the sub 10k priced EV, or even less, like China has. They can still make money on luxury/performance "status" models.
This is all about keeping extreme wealth for the extreme wealthy. Wall Street, etc. Full stop.
We can have very well payed workers and much cheaper yet still quality vehicles.
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They aren't sweeping Chinese cars under the road here as much as they are sweeping an actually affordable, practical EV option that could easily win the mass market and shift the status quo away from ICE engine vehicles at scale.
Bigger problem is, that while blocking the Chinese options, they won't give us a similar option at that same affordable cost.
Read as: The only way they can compete with Chinese vehicles is 100% tariff
Well yeah. The companies are state subsidized and a good bit of the tech is stolen from electric car companies in other countries that actually have to pay for R&D.
that is the same myth that big pharma explains why Americans pay so much more for medicine.
https://newrepublic.com/article/153864/innovation-drug-price-myth
US automakers have expressed that they are fine economically making expensive cars for rich people. of course that is after 80 years of lobbying to under cut public transit and trains.
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i wouldnt hate this so much if america produced quality automobiles. but we dont. so watch people pay double for something that will last twice as long.
even at equal pricing, they just push out better quality than we can seem to muster
Cough Boeing Cough
Considering how many Boeing aircraft are out there operating every day and how very little we hear about issues I am not sure this is an effective example.
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Great news after Tesla cancelled it's plans for an entry model. Green for me not for thee.
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Blatantly anti-competitive practices. We don't have a free market in the US. Shit is expensive so the wealthy can continue to profit at record levels while citizens pay the price. Why try to compete when you can protect the wealthy and make your country suffer?
The CCP can artificially depress the value of their currency and subsidize their industries indefinitely. They are doing this on the backs of their workers, who should earn more for their labor. They are doing this because their own workers are too poor to provide sufficient domestic demand for their consumer goods, however, this strategy just makes their workers poorer, exacerbating the problem. Chinese exports should be used to make their economy self-sustaining, but they just perpetuate economic bubbles and malinvestment that cause economic stagnation. Neither domestic nor international commerce has never been free of interference or fair.
and subsidize their industries indefinitely
People keep saying this that are fully aware the US subsidizes its industries too. Yeah? They subsidize their electric vehicles? Fuckin good!
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That's true and all but this decision is solely about oil barons and their fat fucking profits.
Its no coincidence that they are going after electric cars and solar panels. Chinese workers have had it rough for 30 years but green tech is where we draw the line and not literally everything else, who believes this?
Its not to protect the economy, it's not to protect the Chinese workers.
This is only about oil profits.
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China doesn't have the worker protections that the US has, the same level of gov't support, nor the environmental rules that the US has. It's only anti-competitive if there is a level playing field.
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Free market for thee, but not for mee.
I don't actually mind the US protecting their economy from a predatory one that is more powerful - but I'd like USians to remember this when their politicians argue for war against 3rd world countries that want to protect their economies from the US.
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