This is the problem with protectionism for the US - you need to have local supply to replace what you block
this post was submitted on 04 Dec 2024
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Which is why the tariffs have been accurately labeled as a tax by Democrat critics. Because without domestic alternatives it is effectively a foreign goods tax.
Even with replacements, it's still the same thing.
I'm sure US and EU consumers will be happy to pay more for worse products. We wouldn't want to cut into the obscene profits of our oligarchs now, would we?
I see this being repeated, and while I wholeheartedly agree with it (given my interest in seeing low prices for American consumers), anyone wanna comment on the potential outcome of allowing, and financially supporting, China in their strategy to control the EV market? Any merit to those concerned?
Similarly, any thoughts on Trump making sure they didn't control 5G?
Low cost EVs? . . . Wait, is that what you people want?! Sheez, you're inscrutable!
They're eating our lunch, and most Americans are too rock hard for gas fumes to notice.