Biden Set to Hit China EVs, Strategic Sectors With Tariffs
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So weird there's so called conservatives in here clamoring for higher tariffs on Chinese EVs because 'they are cheap crap' instead of letting the free market decide.
It's not a free market, per se, when the Chinese routinely violate human Rights, steal intellectual property, operate manufacturing with essentially slave laborers and some actual slaves. They should not have most-favored-nation status.
China is not like our other trading partners, who play by the rules and we are just hitting them with tariffs, cuz they are just better at manufacturing the same products for half the cost.
They've been given or stole everything that has gotten them to this point. And the fact that they look decades ahead for their country, vs the US looking to the next quarter or election cycle. They've progressed and we've regressed.
They definitely get an A for effort, we get a fail.
Every emerging country "steals" from the leader. 200 years ago, we stole from the Brits to leapfrog them.
But you're right, we get a fail because instead of competing, we kneecap the competition via the Tonya Harding strategy.
Speculation and making a quick buck is what we care about.
GM, Ford, Chrysler have been making absolute turds for decades, focusing only on high margin trucks. The Japanese and recently Koreans took over the small car segment.
Lol, right. I think there is a HUGE difference between what they consider middle class, and what we do. I will agree, us offshoring millions of jobs to them, has improved their lives, but no where near the way we live.
As far as reality hitting us in the near future...didn't we have a reboot or correction in '08 ? A lot of good that did, look at how inflated things are now, in only 16 short years.
How do you define middle class? Is it affording a home, putting food on the table, taking a vacation or two a year?
Because you're right, the middle class is out of reach for many Americans today.
Good? Not yet it seems. At least that article isnt selling it.
Short range EV, underpowered, smaller than most sub compacts, single motor (C'mon! AWD is where an EV can shine!) low grade plastic interior, factory new with "quite a bit of rattling on the bumps, which made us question our initial assessment of the Dolphin's build quality...", etc....
And such a "deal" at 31K USD?
I can buy a loaded, larger, 2024 Chevy Trax for less than that with a zippy turbo I4 that gets 28 mpg city/32 mpg highway, that starts at 10K USD less than that tiny plastic Chinese EV with inherent range anxiety.
I really dont get these Chinese EV cheerleaders here.
It's not a free market, per se, when the Chinese routinely violate human Rights, steal intellectual property, operate manufacturing with essentially slave laborers and some actual slaves. They should not have most-favored-nation status.
China is not like our other trading partners, who play by the rules and we are just hitting them with tariffs, cuz they are just better at manufacturing the same products for half the cost.
All you're doing is regurgitating US politician talking points (i.e. lies).
Anything China does is spun to be negative, with the most recent being "overcapacity" - because having cheaper solar panels is bad for the world. If it were overcapacity, that means there's no market for them.
In that case, I'd like to plaster my roof with free solar panels.
Good? Not yet it seems. At least that article isnt selling it.
Short range EV, underpowered, smaller than most sub compacts, low grade plastic interior, etc....
And such a "deal" at 31K USD?
I can buy a loaded, larger, 2024 Chevy Trax for less than that with a zippy turbo I4 that gets 28 mpg city/32 mpg highway, and starts at 10K less than that plastic Chinese EV with inherent range anxiety.
I really dont get these Chinese EV cheerleaders here.
Except that $31k accounts for tariffs and import costs. It's under $14k in local markets.
We don't have an ICE car that sells anywhere near that. I think there's only 1 car left that sells for under $20k in the US.
How do you define middle class? Is it affording a home, putting food on the table, taking a vacation or two a year?
Because you're right, the middle class is out of reach for many Americans today.
Again, it isn't exactly comparing the same two things. How families afford homes in China is much different than how we as individuals go and purchase them. Also, people can't own property there, all property is state owned, according to this article.
Another way that Chinese home buyers are able to afford their down payments is via the country’s Housing Provident Fund. This fund began when the country started privatizing urban housing as way to help residents afford to buy their homes. Part of this fund included a government initiated savings plan where employees are given the option to invest a portion of their monthly earnings and have it matched by their employer to assist them with buying a house.
Food insecurity in the US ? Lol, I'll take that with a grain of salt, please. Over 40% of Americans are obese, so I find lack of food to be a stretch. Access and affording healthy food, now that I will believe.
China has it's issues with food security as well, 150 million malnourish individuals is nothing to sneeze at.
Leisure is unaffordable in the US ? Again, laughable. What, the $100k SUV isn't running, so they can't go through the Starbucks drive through to get their $10 carmel crappuccino on the way to the hot goat yoga studio ?
To quote a song "Born in a diamond mine It's all around you, but you can't see it"
Being born in this country is like winning the lottery, even our poor have a better life than the majority of people in other countries.
Leisure is what one makes it. So there is no way to put a cost on it.
Now, I do agree. Things are definitely skyrocketing out of control. I feel bad for many of those starting out. The struggle for a well paying job, home ownership, children, etc. is definitely getting harder to attain. Like someone upthread said though, a reboot is coming. If so, maybe that will stabilize things.
Who knows. The problems our country is facing is not ours alone, and many other will be facing them eventually as well.
I get it, you seem like a China sympathizer, and or supporter. I will never be, and will always see them as an economic enemy.
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