Tomato, tomato. The free market is a myth, there is no part of the economy that goes without manipulation. Anytime business owners can’t directly manipulate the market themselves they bribe governments to do it on their behalf.
It does sadly. On the flip side, China seems to be trying to capture car manufacturing markets by subsidizing their producers. This would probably be a bad thing in the future if allowed. Hopefully the US government does more work on making it easier to purchase electric cars in the US(specifically the price) while also reducing the need for driving.
Also no US auto-manufacturer is going all in on EVs, they're all mostly building gas-guzzling oversized trucks and SUVs. US automakers intentionally killed EVs in the 90s, and hoped no other country would start building them.
I'd rather we ensure higher standards of safety and quality for our vehicles, which are already terrifying death machines, but the hit to solar is a real step backwards.
That's not how you ensure America leads the world in them. That's how you ensure corps feel safe not doing shit to innovate anymore. This is just another form of a bailout.
Doesn't China subsidize what they export on top of having cheap labor? In that case a free market argument cannot really be made.
The innovation in the US or elsewhere would have to be extreme shifts to compete.
I mean, of course there’s loaded language in all this. Are you also surprised at the language and rhetoric used by Chinese government and media sources when they talk about the US?
Cheap panels are tanking European competitors, but it's probably too late to intervene at this point. Can't compete with work camps and cheap slave labor.
Correct... using work camps and cheap slave labour was only acceptable when US companies shipped production to China and pocketed the profits... now that China is doing it directly, it's certainly a problem we all care about
Between federal and state tax credits, as well as utility company rebates, my folks just got over 5k back for a used Nissan leaf. They were able to trade in their old clunker, netting a profit of a few hundred dollars to upgrade to a practical used EV.
so u cant because the "executive class" (capitalist they are called capitalist) control everything, u theoretically COULD if u had a revolution but u CANT.
Also medical supplies, including masks, because COVID is Joever.
Edit to add: There is necessarily a lag between tariff imposition and indigenous production, and we’re left to fill that gap with our own wallets individually. Worse, the prices will almost definitely never come back down as they might in theory, because this is late-stage capitalism.
What a bell-end. Maybe instead of tariffs the US should begin vesting in education, job training, and research into these sectors so it can compete instead of trying to hobble the competition in the domestic market. This is just protectionism by a different name
Steel I get. That's an environmental issue since US creation is way more carbon friendly. However the rest makes no sense without an announcement in domestic investment that is pulled from currently used non-environmental budgets.
Wait we gave the Auto industry money for EVs and 50k SUVs were the result? Holy shit, that's right up there with giving 4 billion to the telecoms for no actual network expansion.
Pretty sure the steel tariff is a bad thing too. There are certain grades of steel that just aren't produced in the US. People threw a fit over it when trump did the same thing.
There's a total of about 10 never-trump-republicans, and all of them have jobs at NYT, CNN, or MSNBC telling their audience that all the bad things Biden does are electorally smart because there's a bunch of moderate republican swing voters who will choose diet-fascism over the real thing.
This is the same tack they took in 2016, from Chuck Schumer going "For every blue-collar Democrat we lose in western Pennsylvania, we will pick up two moderate Republicans in the suburbs in Philadelphia, and you can repeat that in Ohio and Illinois and Wisconsin" to every pundit saying "suberban women are going to decide this election" and using that to explain why generally unpopular policies are electorally smart.
If hes going to do that he should light a fire under the domestics asses to get our own evs up to snuff. And market competitive. None of that whining how it cannot be done either
Why would the main benefactors and purchasers of this policy position (the Big 3) greenlight their destruction? This is US capitalist policy at play. They can't compete internationally and had to purchase their domestic protection.
No one in the US will dive into major production of such things without a more guaranteed long term tariff. Not something that may go away within 5 years time. Also, there isn't a snowballs chance in hell the US will be a world leader in solar production. We might dominate the US market.
Don't worry about it! Some intrepid American entrepreneur will simply begin producing American EVs immediately.
If modern politics has taught us anything, all you need to do is drop-kick the first domino and the Free Market will do exactly what you want it to do every time with zero follow-up. Society is completely linear like that.
I'm not an accelerationist, so no, it's not really an option. It's cool that you feel like you have the ability to just say "no", but I don't. I have to live here, and if Trump gets elected then there is a very high chance I might find myself in a concentration camp before the end of his term, assuming he doesn't find a way to abolish elections entirely.
So no, I don't really have an option to just shove my thumb up my ass and refuse to vote.
Edit: Sorry about the double post, Lemmy was being weird.
Correct. If there were no tariffs, you could buy a chinese EV for cheap. In this case for so cheap that the domestic US/Non-Chinese market cannot compete.
So in order to protect these markets, the product needs to be made artificially more expensive with tariffs. This way, the domestic markets have a chance of competing.
However, this also isolates the country and provokes retaliation from the other side. This usually results in both sides sabotaging their trade relations with each other (for ex. with tariffs) which is called a trade war.
I would be surprised if China cares too much, there is the rest of the world that needs small cheap EVs and solar panels. But they must do something as response, that's diplomacy.
I also don't see the problem to put tariffs to protect domestic products, sometimes it is necessar, but prohibiting completely is not cool.
We have a number of subsidies for domestic EV production. That will all be a waste if China's subsidized EVs undercut the domestic market. This is consistent with a broader effort to boost domestic manufacturing. While at odds with efforts to promote the adoption of green technologies, the administration is trying to strike a balance between competing interests, in this instance balancing consumer access to green tech with job growth, domestic manufacturing, and less reliance on China for critical technologies.
As a grammar and language hobbyist, I'm interested in your spelling of hobbiest. Shouldn't such a word come up so often in your hobbyist communities that you know how to spell it by now?
Feels like someone living in Texas spelling it Texes.
Thank you for taking interest in the spelling in my post. My autocorrect kept changing things and I must have failed to properly proofread. I do, in fact, know how to spell the word. As a human, I am prone to errors from time to time. I apologize for this.
Since grammar and language are your hobby, I would suggest you spend less time online, as correcting the rampant errors in language and grammar must consume a great deal of your time. I would also like to point out that there are many people online for whom English is a second language.
The real question is, what percentage of the product that they export is purchased by Americans? Because if that percentage is really low, it turns this into performance politics. Especially the one-upping of Trump's economic war on China. The problem there of course being that it won't make any difference; Biden's never going to win over a Republican. What he needs to do is lean into the left harder so that he ensures a higher turnout. But he's not going to, he'd rather stay his old-ass course, and risk plunging our country into a tyrannical totalitarian nightmare. I mean a worse one than it already is. You should be worried more about inflation, women's rights, and not feeding weapons to Israel. But our country has an insane "Christian" hard-on for Israel so that's not going to happen.
And by inflation I'm referring to everyday household products and food, not the stock market. People don't care how good the stock market is doing when not only do they not have a direct stake in it, but even basics like food cost too goddamn much.
What an awful god damn tweet. Are the tariffs to combat Chinese governmental meddling? If so, great. If not then they’re protectionist stupidity that’s sure to draw a response. This tweet sure makes it sound like it’s the latter. sigh