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.
I'm usually against tariffs but in this case it seems like a pretty fair tit for tat to China basically removing the budgetary concerns for their manufacturers that said manufacturer's international counterparts won't have.
Subsidizing local production for local markets is fine enough, but exporting products made with an infinite money glitch active is more or less an intentional play at market capture.
And before some sinoboo tries to gatcha me I do also object to examples where the west subsidizes domestic production for international markets.
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.
I was born into a car centric society. So much so they design the places we live around them. Including dense residential far away from employment that requires transportation. Chop all attempts at decent public transit and now you have created a market of completely artificial demand. Which the law says cars must become more expensive. I have to have a car because of the awful design choices made by unqualified politicians past. Fuck the auto industry. They could have been out saviors by being the example of what union companies do but instead chose violence.
No ethical way to spend in a capitalist society. It kind of is what it is, cause I gotta eat. Also certified "you criticize capitalism yet you live in it moment" to you sir.
Where I was going was: effects can be different even if all choices and results are unethical. If one cares about the possible impacts of ones actions, consideration beyond "well it's all unethical, so whatever" could be warranted.
You tell yourself whatever you need to to live in this society and be happy. I'm sure the extra $.80 you're spending for the label that says cruelty free, is in fact cruelty free.
My guess that the prior comment either reflects an assumption that non western capitalists are somehow better than western capitalists or that China's capitalists aren't a capitalist class.
It's not the capitalist auto companies who are going to get hurt though. The price advantage of the Chinese companies comes from low labor costs and government subsidies, so the auto companies will just move there production to whatever country offers the most subsidies and least labor costs because in our current globalized world capital can move freely.
The real losers will be the unionized auto workers who'll be abandoned while capitalists maintain or even increase there profits in the third world. These sorts of race to the bottom always harm workers, whether it be with clothes and shein , or EVs.