Chuckles, "Yep, only American manufacturers should be allowed to cheaply build cars in Mexico and export them to the US."
this post was submitted on 24 Feb 2024
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The issue is they're wanting to sell $30,000 cars for $15,000 (with the rest paid for by the Chinese government) which sounds great as a consumer until all the other manufacturers exit the market due to the impossibility of competing with those subsidies. Once they eliminate the competition, they'll start selling these $30,000 cars for $50,000+ because "fuck you who else are you going to buy from?" That's not to say the current crop of manufacturers aren't fucking us over too but this isn't how you eliminate that problem. You're just trading one bully who steals your lunch money for another.
because "fuck you who else are you going to buy from?"
Well, you can buy from another China's auto company or other country's car company. Or maybe it will make your country allocate budget from something big and destructive to the world and reallocate them to the failing auto industry?
The issue is they're wanting to sell $30,000 cars for $15,000 (with the rest paid for by the Chinese government)
[Citation needed]
China ended its national level domestic EV subsidies in 2022 so it makes very little sense to subsidize foreign buyers for 50% of the cost of a vehicle while cutting subsidies for domestic consumption which is much more economically and socially advantageous.
You admitted yourself the harm is already happening; just with American companies.
At the very worst, we are fucked either way.
The alternative is, maybe the Chinese government doesn’t fuck us over. So at least we have a chance with them.
Honestly, that leaves me wondering why you care other than the “scheming asiatic” angle to this
do you have any sources for that? because byd is selling their cars elsewhere in the world for 30k-50k usd new, similar to competing american brands. The only thing I can find is a tax incentive that's less than the tax credit you can get in the us.
So basically it's bad because they might do capitalism
Interesting that you chose to use 'capitalism' as a pejorative while simultaneously trying to defend negative aspects of it.
I'm pointing out that your problem with this is the problem you should have with the entire wildly destructive and corrupt US auto industry, which is doing the thing you're afraid chinese car makers might one day do. I know it's a hard thing for people poisoned by nationalism to apply a standard uniformly, but do try.