there’s nothing wrong with for example having tariffs on products that the manufacturing powerhouse china deliberately sell at a loss to gain monopolies
Chinese firms don’t sell at a loss. Western firms operate with oversized profit margins. The labor and materials that go into a Chinese EV or a solar panel or a plastic widget or steel girders are all globally commoditized. What separates Chinese exports from EU domestic products are rents. Enormous, economy-crippling rents.
And that’s what these tariffs seek to protect.
Germany certainly lacks planning that far ahead
Germany has plenty of economic planning. It’s just happening in the Zurich banking industry, not the Berlin parliament. The goal of German policy is to maximize profit per unit of labor, rather than value per unit of materials.
That Germans are revolting at the domestic plan stems from these strangling profit margins.
The EU disagrees with you after a thorough investigation. China has been giving its EV manufacturers massive state subsidies for a long time now, this is not news to most of us, just you for some reason…
The EU disagrees with you after a thorough investigation.
Police investigating themselves inevitably find the people they are policing were in the wrong.
China has been giving its EV manufacturers massive state subsidies for a long time now
Chinese manufacturers benefit from the state investment in infrastructure and the at-cost production of utilities through SOEs. They produce professionals out of universities funded with state tax dollars who do not carry enormous personal debts. They have a large high speed transportation network that reduces delivery delays and mobilizes much of the idle workforce.
In any other country, we’d acknowledge this as capital investments in the economy at-large. In China, we pretend that this is some kind of unfair business advantage.
Chinese firms don’t sell at a loss. Western firms operate with oversized profit margins. The labor and materials that go into a Chinese EV or a solar panel or a plastic widget or steel girders are all globally commoditized. What separates Chinese exports from EU domestic products are rents. Enormous, economy-crippling rents.
And that’s what these tariffs seek to protect.
Germany has plenty of economic planning. It’s just happening in the Zurich banking industry, not the Berlin parliament. The goal of German policy is to maximize profit per unit of labor, rather than value per unit of materials.
That Germans are revolting at the domestic plan stems from these strangling profit margins.
The EU disagrees with you after a thorough investigation. China has been giving its EV manufacturers massive state subsidies for a long time now, this is not news to most of us, just you for some reason…
Police investigating themselves inevitably find the people they are policing were in the wrong.
Chinese manufacturers benefit from the state investment in infrastructure and the at-cost production of utilities through SOEs. They produce professionals out of universities funded with state tax dollars who do not carry enormous personal debts. They have a large high speed transportation network that reduces delivery delays and mobilizes much of the idle workforce.
In any other country, we’d acknowledge this as capital investments in the economy at-large. In China, we pretend that this is some kind of unfair business advantage.