The US has announced a series of increased tariffs on goods in various key sectors hailing from China. Semiconductors, solar cells, batteries, electric vehicles and some minerals are among the affected items.
Chinese government subsidizes EV production so this is not a fair competition. The only way to counter that and do local production subsidies (which US already does to some extent) and tariffs.
Something needs to be different other than just punishing the Chinese. EV prices are shit in the US. It’s already unfair. These tariffs should be fed directly into subsidizing EV production and factory development with strict scrutiny (NOT blank check handouts to corporations)
Chinese government subsidizes EV production so this is not a fair competition. The only way to counter that and do local production subsidies (which US already does to some extent) and tariffs.
Something needs to be different other than just punishing the Chinese. EV prices are shit in the US. It’s already unfair. These tariffs should be fed directly into subsidizing EV production and factory development with strict scrutiny (NOT blank check handouts to corporations)
So we are competing how is subsidizing the EV industry the most? Thats a stupid idea.
Didn’t we bail out the big 3 with tax dollars not that long ago?