this post was submitted on 14 May 2024
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US announces higher China tariffs, including 100% for EVs (www.dw.com)
submitted 4 months ago by [email protected] to c/business
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[–] [email protected] 3 points 4 months ago (2 children)

Chinese government subsidizes EV production so this is not a fair competition. The only way to counter that and do local production subsidies (which US already does to some extent) and tariffs.

[–] [email protected] 3 points 4 months ago* (last edited 4 months ago) (1 children)

Something needs to be different other than just punishing the Chinese. EV prices are shit in the US. It's already unfair. These tariffs should be fed directly into subsidizing EV production and factory development with strict scrutiny (NOT blank check handouts to corporations)

[–] [email protected] -1 points 4 months ago

So we are competing how is subsidizing the EV industry the most? Thats a stupid idea.

[–] [email protected] 2 points 4 months ago

Didn’t we bail out the big 3 with tax dollars not that long ago?