The White House can't figure out why the EV transition is going so slow. So their solution is to essentially block EV imports to protect more expensive Domestic Vehicles. The Federal Government protecting the Auto Industry…..a tale as old as Henry Ford himself. I guess this is what Biden meant by being union-friendly…..

https://www.ft.com/content/9b79b340-50e0-4813-8ed2-42a30e544e58

by CattleDogCurmudgeon

16 comments

  1. This just shows how little Democrat politicians believe in the impact of climate change. If they really believed in it they would want the cheapest EVs to become available to the public. Instead they just want to force it with regulations that cost an arm and a leg.

    This was a missed opportunity to bring cheap EVs to the general public. Instead they are just adding to inflationary pressure on the average consumer. It’s another terrible economic decision by Biden.

  2. Where are all those people touting all the virtues of capitalism? They said markets were about competition. Did they waste all their money on mega yachts and fallout bunkers when they should have been investing in innovation? Penalizing others for your own incompetence is admission that you are a loser.

  3. This is a terrible decision by this administration. I voted for Joe Biden and I thought something like that wouldn’t happen with him as president. A 100% tariff on Chinese EVs is just bad move for the environment, Chinese relations, and US domestic automobile manufacturing.

    The last one people might get hurt about, but the US automobile manufactures need to be globally competitive if they want a future. This will slow innovation in the US market, increase production costs (china will limit or improve tariffs on batteries for EVs), and the bottom line will be even higher MSRPs.

    Not everyone can afford a $47,xxx vehicle (average price of new car in the US). A cheaper alternative that uses no fuel is ideal for many Americans right now. They are being denied that. It’s a global market and that’s what I thought Joe Biden would represent when I voted for him.

  4. The Chinese are subsiding their manufactures so they have an unfair advantage over other manufacturers the EU is taxing the Chinese too

  5. It’s hilarious that the people bitching on this subreddit have little to no understanding of how economics work. For those who failed Econ 101, tariffs exist to keep things competitive. Friendly reminder that China 100% completely subsidizes their auto industry.

    It’s also really likely that China has spyware installed in all of their EVs and when people are on the road, said EVs are mapping everything and pushing that data back to China. An easy way to do this is with LiDAR, which their EVs have. Seeing that TikTok is a giant spy engine, installing spyware in EVs isn’t out of the realm of possibility.

  6. Good for Biden. US automakers and US taxpayers are investing billions in transitioning the industry to electric vehicles and building a domestic battery industry from scratch. Success is vital to the future economy and revitalization of the middle class. In the meantime, Chinese manufacturers that have enjoyed more than a decade of lavish government subsidies are over-producing and hope to crush the competition with a tsunami of cheap products before it gets off the ground. Glad to see the administration taking steps to protect it. This is what tariffs are supposed to be for.

  7. There isn’t a single Chinese EV driving in the US. There isn’t a single Chinese vehicle in the US.

  9. Are people just finding out that the US government is imposing tariffs on foreign vehicles? Every world government does it to protect domestic products.

  10. The U.S.: we can’t let cheap Chinese vehicles into our country, also they are definitely going to spy on us! Just like tik tok probably does!!

    Also the U.S.: we are actively spying on every single thing our citizens do at all times as well as all other countries and their citizens. We are such noble and righteous protectors of capitalism and privacy. U. S. A.!

  11. How does this affect teslas that are partially manufactured in China?

  12. This sub loves to suck all over china’s knob. Reply to me and tell me how much you love China

  13. But tariffs on China are bad! Oh sorry it’s Biden so I suppose it’s ok.

  14. It cannot be stressed enough that two factors are at work here.

    First, is the reality that Chinese automakers are heavily subsidized by their government, and are not fairly competing in the global market.

    Second, if Chinese automakers *were* allowed to dump low-cost automobiles into the US / EU, it would absolutely *destroy* the domestic automakers erasing hundreds of thousands of professional skilled labor jobs – the kind you can raise a family on – and take with it *millions of jobs* in the hundreds of companies that are suppliers for the thousands and thousands of parts that go into each and every car.

    Losing all your heavy industry is literally a “Fall of Rome” level event that foreshadows dramatic decline on the world stage.

  15. Anti competition does not work. South Korea used to prevent import beef trying to protect local farmers. It’s was a lose/lose situation. Koreans didn’t have access to affordable beef and South Korean farmers were, by their existence, not serving the population. However, due to the political nature between US and China, the US does not want China to make money because the power from that money can be used against the US. Global capitalism and nationalistic wars existing in the same world appears to be a paradox.

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