The Biden administration is poised to unveil new tariffs on imported Chinese electric vehicles, creating a potential roadblock for Chinese automakers wanting to expand into the American market.
I’m usually against tariffs but in this case it seems like a pretty fair tit for tat to China basically removing the budgetary concerns for their manufacturers that said manufacturer’s international counterparts won’t have.
Subsidizing local production for local markets is fine enough, but exporting products made with an infinite money glitch active is more or less an intentional play at market capture.
And before some sinoboo tries to gatcha me I do also object to examples where the west subsidizes domestic production for international markets.
I was born into a car centric society. So much so they design the places we live around them. Including dense residential far away from employment that requires transportation. Chop all attempts at decent public transit and now you have created a market of completely artificial demand. Which the law says cars must become more expensive. I have to have a car because of the awful design choices made by unqualified politicians past. Fuck the auto industry. They could have been out saviors by being the example of what union companies do but instead chose violence.
I want a $10000 car that would normally be inflated to $30000 in the US.
You can’t make that same car in the United States for anything like the same price. Even ignoring the Chinese Governments heavy subsidies there’s still a massive cost gap due to worker compensation, cost of compliance with safety regulations, cost of compliance with environmental regulations, and a whole host of other things.
The cost of manufacturing in the United States is radically higher than it is in China and that simply isn’t fixable unless you’re going to unwind Union pay deals, remove environmental laws, and reduce safety restrictions.
You cannot have both, so which are you choosing? Are you going to go with your wallet like a self absorbed capitalist or are you going to support union workers, stronger environmental laws, and more worker safety?
While I can’t say any of this is wrong, you’re missing likely the single biggest component inflating the cost of US manufacturing: profit margins. Every step of the supply chain has a profit margin attached. Sometimes just a few percent, but often double digits. These compound, so a 5% margin on a simple component will see an additional 15% when sold as part of an assembly, which is then marked up another 20% when sold as part of the finished good. There’s also financialization which burdens US companies. Companies generally need to take loans to fund their operations, and end up having to pay heavy interest fees and rent which also drives up cost. Workers and environmental protections are more expensive, but in practice they are relatively minor compared to a lot of other inefficiencies US industry struggles with.
Doesn’t the USA have much higher wealth inequality than China’s? If so, is that not the result of corruption? If not, so you consider the visible symptoms of it?
No ethical way to spend in a capitalist society. It kind of is what it is, cause I gotta eat. Also certified “you criticize capitalism yet you live in it moment” to you sir.
Where I was going was: effects can be different even if all choices and results are unethical. If one cares about the possible impacts of ones actions, consideration beyond “well it’s all unethical, so whatever” could be warranted.
That $10k Chinese car cost $20k to make. A competitor undercutting the market that much leads to monopolization. When that competitor is being bankrolled by a foreign government it’s potentially even a hostile act.
People have been mad for decades about what Walmart did to retail in the US. Taking steps to prevent that from also happening with the auto industry should be appreciated.
I’m usually against tariffs but in this case it seems like a pretty fair tit for tat to China basically removing the budgetary concerns for their manufacturers that said manufacturer’s international counterparts won’t have.
Subsidizing local production for local markets is fine enough, but exporting products made with an infinite money glitch active is more or less an intentional play at market capture.
And before some sinoboo tries to gatcha me I do also object to examples where the west subsidizes domestic production for international markets.
How moral of you to object to the US government doing the same thing.
Can I have a means of transportation I can fucking afford now?
I want a $10000 car that would normally be inflated to $30000 in the US.
I’m no lover of China, but fuck the capitalist auto companies.
All Carsalesmen Are Bastards.
Defund the dealerships.
I was born into a car centric society. So much so they design the places we live around them. Including dense residential far away from employment that requires transportation. Chop all attempts at decent public transit and now you have created a market of completely artificial demand. Which the law says cars must become more expensive. I have to have a car because of the awful design choices made by unqualified politicians past. Fuck the auto industry. They could have been out saviors by being the example of what union companies do but instead chose violence.
You can’t make that same car in the United States for anything like the same price. Even ignoring the Chinese Governments heavy subsidies there’s still a massive cost gap due to worker compensation, cost of compliance with safety regulations, cost of compliance with environmental regulations, and a whole host of other things.
The cost of manufacturing in the United States is radically higher than it is in China and that simply isn’t fixable unless you’re going to unwind Union pay deals, remove environmental laws, and reduce safety restrictions.
You cannot have both, so which are you choosing? Are you going to go with your wallet like a self absorbed capitalist or are you going to support union workers, stronger environmental laws, and more worker safety?
While I can’t say any of this is wrong, you’re missing likely the single biggest component inflating the cost of US manufacturing: profit margins. Every step of the supply chain has a profit margin attached. Sometimes just a few percent, but often double digits. These compound, so a 5% margin on a simple component will see an additional 15% when sold as part of an assembly, which is then marked up another 20% when sold as part of the finished good. There’s also financialization which burdens US companies. Companies generally need to take loans to fund their operations, and end up having to pay heavy interest fees and rent which also drives up cost. Workers and environmental protections are more expensive, but in practice they are relatively minor compared to a lot of other inefficiencies US industry struggles with.
That’s true in China as well. The only difference is in the price of what is being marked up.
Well, there’s also less corruption and more free competition to lower pricesin the US.
Bless your heart, sweet summer child.
You think there’s more corruption in the US government than the CCP? That China’s market is more free? Give me a break.
Doesn’t the USA have much higher wealth inequality than China’s? If so, is that not the result of corruption? If not, so you consider the visible symptoms of it?
Ah yes, great way to fuck over our capitalists, by supporting their worse capitalists instead
I mean if we’re being capitalists, that’s how the free market works, right?
US auto makers were like “we love the free market”, then people bought cheaper cars from China and they said “wait, not that free!”
Certified “you criticize capitalism yet you live in it” moment
No ethical way to spend in a capitalist society. It kind of is what it is, cause I gotta eat. Also certified “you criticize capitalism yet you live in it moment” to you sir.
are all unethical choices equal? Surely there are better and worse things?
No but unethical is unethical so I’m not sure where you’re going with this.
Where I was going was: effects can be different even if all choices and results are unethical. If one cares about the possible impacts of ones actions, consideration beyond “well it’s all unethical, so whatever” could be warranted.
That $10k Chinese car cost $20k to make. A competitor undercutting the market that much leads to monopolization. When that competitor is being bankrolled by a foreign government it’s potentially even a hostile act.
People have been mad for decades about what Walmart did to retail in the US. Taking steps to prevent that from also happening with the auto industry should be appreciated.
When they show me their manufacturing costs, I’ll believe that.
You’re going to be waiting a long time to get reliable numbers out of the CCP.
I mean the other car companies who overcharge.
subsidizing production isnt a bad thing.
it makes for a quicker transition to ev. its only a problem now because china is doing it.