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Of course we do. The North American offerings are comically inferior while costing a small ransom.
We should stop propping up these companies that can't exist without protectionism and corporate welfare handouts.
Massive bailouts on the taxpayer dime in 2008'ish didn't do anything to improve the situation.
I'm sorry, but how do you think the Chinese EV companies are so competitive right now?
They are subsidized at a great loss by the Chinese government. One of the goals is to flood foreign markets with products at price points that domestic suppliers can't compete with.
Would you say that is good for either the economy or EV prices in the long term?
They don't use Chinese government subsidies only. Theres also slave labor
It's really not that simple. American car companies are inefficient, dependent on archaic, dirty and complex tech. This is propped up by the oil and gas lobby that resists electrification at every step, to the point of making stupid American cars an icon of the culture war.
North American car companies can absolutely also electrify, and move towards more efficient, and simpler tech. And then we can talk about using subsidies/tariffs to level the field. But as stands, that's just throwing consumer money into a bad policy pit.
So we maintain the 100% tariff on Chinese EVs permanently?
What about EVs from other developing countries?
China does devalue their dollar to prop up their production. Though we arguably do the same by buying mortgage bonds and discounting home values in the CPI to keep our money loose.
Nobody ever said competition was a bad thing.
I think we should tariff them for what we think their labour and environmental practices would be under our laws, and other than that let them sell their products here.
maybe no tariffs for nickel-iron-powered cars. 😁🙂
https://en.wikipedia.org/wiki/Nickel%E2%80%93iron_battery#Environmental_impact
Canada has a bad record themselves, I'd hate to set a precedent that countries should care.
https://www.cbc.ca/news/politics/un-report-abuse-temporary-foreign-workers-canada-1.7293495
Ya, very hard to boycott the Orange turd with the currently available cars.
If you buy VERY SPECIFIC Honda or Toyota models you can get one that's made in Japan. Or made in Canada with /mostly/ Canadian parts. But they're all north of $60k.
VERY SPECIFIC Honda or Toyota models you can get one that's made in Japan. Or made in Canada with /mostly/ Canadian parts. But they're all north of $60k.
The collector cars made with quality!
That's all nice...until you need parts :(