
President Biden unveils a historic wave of tariffs on ‘strategic’ Chinese imports
https://finance.yahoo.com/news/president-biden-unveils-a-historic-wave-of-tariffs-on-strategic-chinese-imports-090001241.html
by Scarlet-Ivy

President Biden unveils a historic wave of tariffs on ‘strategic’ Chinese imports
https://finance.yahoo.com/news/president-biden-unveils-a-historic-wave-of-tariffs-on-strategic-chinese-imports-090001241.html
by Scarlet-Ivy
16 comments
So tariffs on cars that were not imported in the first place to prevent them from being imported later.
Consumers pay for those tariffs. They’re necessarily because the automotive industry was complacent for a long time.
Protectionism isn’t a long term game plan. Let the people compete.
Not satisfied with cribbing Trumps immigration and free speech policies, Democrats embrace Trumps economic policies as well.
Stop posting this fraud.
Remember when CANADA bailed your auto shitshow.
Democrats expose they don’t really believe in climate change
“The Ukraine, Middle East, college campuses, the border is on fire, but look over there!” All desperate measures will be employed as it gets closer to the election. Just watch.
Capitalism is good, it isn’t fast and efficient in the short term.
Rivian and Ford EV “lost” billions last year because they were building billion dollar plants to build those EVs.
If the Chinese government helps or builds the plants the vehicles they can export are going to be much cheaper.
Until we get to a certain point, EVs are going to be expensive. There were cars out there before Ford started building affordable cars
So do we like trade wars now?
To the people saying “Let the market decide” and “Let them compete”, I ask if you also were against the bailouts? Do you also support heavily subsidized government automotive companies? Because that is what is happening. The reason why those Chinese EV’s are so inexpensive is because they are HEAVILY subsidized by the Chinese government, creating an “imbalance”.
[https://reason.com/2024/04/29/china-is-doubling-down-on-electric-vehicle-subsidies/](https://reason.com/2024/04/29/china-is-doubling-down-on-electric-vehicle-subsidies/)
I’m all for competition, but only if the “rules” are the same. They aren’t, so I 100% agree with the tariffs here.
Because who would want an ev under $20,000.
I thought Honda & Toyota taught those lessons in the 1970’s – 1980’s.
Dang, I remember when the democrats cried for days about Trump‘ tariffs. Watch all the hypocrites praise Biden. So funny what a short term memory these people have.
I know this is a weird thing to bring up but we need regulations about how electric cars can be controlled. We don’t want the US auto fleet to have a kill switch controlled by a foreign government.
We all love free markets
So wait…this is a GOOD thing now?
This is all time hilarious. The left can’t help themselves.
WTF, I love tariffs now!