this post was submitted on 14 May 2024
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Those tariffs exist to level the playing field against Chinese auto makers in a global marketplace. When the state sponsors companies, it's not a true capitalist market. Other nations literally can't compete.
Yes, I realize we give US automakers tax breaks. We shouldn't do that either. But not pretend this is a fair and open market either.
Other nations literally can compete. It's not like subsidies are a uniquely chinese idea. The US sponsors companies all the time.
Governments can also nationalize industries. Its wrong to say they can't compete. No, they choose not to.