Tariffs will rise to 100 percent from the current 25 percent level.
  • Aurenkin@sh.itjust.works
    17·
    1 year ago

    Massive subsidies to destroy competition is also anti competitive. I have no love of the US auto industry and their many failings but maybe a tarrif tied to the amount the good was subsidized might help prevent that practise.

    I haven’t really thought it through though so I’m sure there are many nuances I haven’t considered.

    • Eldritch@lemmy.worldEnglish
      10·
      1 year ago

      Yes that was the greater point I was getting at. China isn’t some big fuzzy good guy. I’m no fan of the major American Auto manufacturers. But there is good reason that they’re doing this. Even if I think they would do better trying to become more competitive. There’s only so much they can do without similar subsidy from local governments.