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    US set to impose 100% tariff on Chinese electric vehicle imports

    Started by RE May 11, 2024, 07:21 PM

    Message path : / Society / Tech is always to the rescue / This Woman Turned Her Tesla Model 3 Into a Pickup Truck #68


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    RE

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    May 11, 2024, 07:21 PM
    If you can't beat 'em, tax 'em.  Motto of the capitalists who can't compete.

    The Chinese have so thoroughly out performed FSoA based EV manufacturers that they have persuaded the Goobermint they despise for regulating them to protect them by now raising Tariffs on imports to...get this... 100%!!!  I take back what I said earlier that Chinese EVs were a better buy with the "ridiculous" tariffs, which at the time were ridiculous at 25%.  Now however they have jacked it way past ridiculous to Protectionism on Steroids at 100%.

    This will effectively make Chinese EVs impossible to buy here, but it will also kill any sale of FSoA EVs to China, since they will most certainly retaliate in kind.  It also means FSoA EVs won't sell anywhere else in the world because Chinese EVs will be so much cheaper nobody will buy them.

    If I were the CCP, I would also retaliate with tariffs on exports of chips and other parts used for the manufacture of FSoA EVs to 100%.  This has the makings of a major trade war, which just about always evolves into the more lively kind of war.

    This is failure on the grand scale technologically speaking.  Sure, the Chiinese play fast and loose with environmental regulations and they pay slave wages to their workers, but that has been true in every industry and until now was embraced by FSoA capitalists as a way to improve their profits by moving their manufacturing to China.  Now that Chinese companies are making the profits, all of a sudden it's unfair.  Talk about hypocrisy.

    It also pretty much dooms the FSoA EV industry, since there aren't enough people with enough money to buy expensive EVs currently manufactured here.

    After a brief vacation with some Hopium, today our future survival prognosis has dipped back again down to the 99% dieoff range.

    https://www.nbcnews.com/politics/white-house/biden-plans-raise-tariffs-electric-vehicles-china-rcna151748

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

    US set to impose 100% tariff on Chinese electric vehicle imports

    RE

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