The Biden administration is poised to unveil new tariffs on imported Chinese electric vehicles, creating a potential roadblock for Chinese automakers wanting to expand into the American market.
That $10k Chinese car cost $20k to make. A competitor undercutting the market that much leads to monopolization. When that competitor is being bankrolled by a foreign government it’s potentially even a hostile act.
People have been mad for decades about what Walmart did to retail in the US. Taking steps to prevent that from also happening with the auto industry should be appreciated.
That $10k Chinese car cost $20k to make. A competitor undercutting the market that much leads to monopolization. When that competitor is being bankrolled by a foreign government it’s potentially even a hostile act.
People have been mad for decades about what Walmart did to retail in the US. Taking steps to prevent that from also happening with the auto industry should be appreciated.
And the government stepped in and addressed the situation, right? Right?
They fucking should have. I’m not gonna give China a pass just because Walmart got one.
When they show me their manufacturing costs, I’ll believe that.
You’re going to be waiting a long time to get reliable numbers out of the CCP.
I mean the other car companies who overcharge.
They won’t because part of it is slave labor.
[citation needed]
That’s all car companies.
Sure dumbass. Way to discount all the labor wins the UAW has fought for recently.
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