this post was submitted on 14 May 2024
0 points (NaN% liked)

News

23303 readers
5362 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
 

White House levy to protect US makers from cheap imports likely to inflame trade tensions

The US president, Joe Biden, has announced a 100% tariff on Chinese-made electric vehicles as part of a package of measures designed to protect US manufacturers from cheap imports.

In a move that is likely to inflame trade tensions between the world’s two biggest economies, the White House said it was imposing more stringent curbs on Chinese goods worth $18bn.

Sources said the move followed a four-year review and was a preventive measure designed to stop cheap subsidised Chinese goods flooding the US market and stifling the growth of the American green technology sector.

Despite the risks of retaliation from Beijing, Biden said the increased levies were a proportionate response to China’s overcapacity in the EV sector. Sources said China was producing 30m EVs a year but could sell only 22-23m domestically.

all 23 comments
sorted by: hot top controversial new old
[–] assassinatedbyCIA@lemmy.world 0 points 6 months ago (1 children)

I guess Americans will never get cheap electric cars. Make no mistake. US automakers aren’t going to use this tariff to buy time to make competitive cheap electric cars. They’re just going to rest on their laurels and continue to sell large overpriced trucks, SUV and their EV counterparts.

[–] UnderpantsWeevil@lemmy.world -1 points 6 months ago

I guess Americans will never get cheap electric cars.

You can always drive them over the border from Mexico.

[–] mlg@lemmy.world 0 points 6 months ago (1 children)

They're banning 25 year old kei trucks, they were definitely not gonna allow China to compete.

God forbid we try to save the planet without making morbillions in shareholder value first.

[–] UnderpantsWeevil@lemmy.world -1 points 6 months ago

God forbid we try to save the planet without making morbillions in shareholder value first.

[–] fritobugger2017@lemmy.world 0 points 6 months ago (1 children)

When China opens up it's domestic market to international goods then the rest of the world should consider doing the same. Until then, match every barrier to entry.

[–] SmilingSolaris@lemmy.world 0 points 6 months ago (2 children)
[–] fritobugger2017@lemmy.world 0 points 6 months ago (1 children)

Why should China be allowed to put in place barriers to entry but not the rest of the world?

[–] SmilingSolaris@lemmy.world 0 points 6 months ago (1 children)

So china is authoritarian and restricts their people's market choices and the solution we are going with is just matching that? Pretty sus

[–] fritobugger2017@lemmy.world 0 points 6 months ago (1 children)

Fair trade or no trade. The only way little kids learn to play fair is if the other kids stop playing with them when they cheat.

[–] UnderpantsWeevil@lemmy.world -1 points 6 months ago

Fair trade or no trade.

Did the US ever have fair trade to begin with? It seems like we've got a long history of undercutting, outsourcing, and drop shipping.

[–] UnderpantsWeevil@lemmy.world -1 points 6 months ago (1 children)

If China can sell us cheap, efficient electric cars but we can't sell them expensive gas-guzzling ICE vehicles, it creates an unfair competitive advantage for a Chinese fleet.

[–] Weslee@lemmy.world 0 points 6 months ago (1 children)

On the other hand, the cheap Chinese cars are the result of a long chain of slavery and exploitation

[–] UnderpantsWeevil@lemmy.world -1 points 6 months ago
[–] TechNerdWizard42@lemmy.world -1 points 6 months ago

How can anyone see this and not see that the US is a manipulative shithole country? Champion of the free world markets except when they aren't winning, then closed market manipulation and government interference.

The US hasn't been ahead for many years and they can't innovate. So now they just want to keep out actual progress.