President Trump's visit to China highlights a key tension for American decision makers: how to manage China’s growing prowess in sectors like the auto industry.
If we let the Chinese evs in they would out sell too many ice or hybrid cars and reduce our consumption of oil, as well as bring too much competition to our “free” market. We can’t have that, think of all the money spent in lobbying to keep us dependent on oil! And people might not buy electric cars from their favourite eccentric Nazi if there’s an alternative and that absolutely cannot fly! Ugh it’s the same story over and over again with American companies. Perform like dog shit, piss and moan that sales are tough because of those pesky foreign doing it better, tarrifs the competition out of competition and beg big govt for a nice bail out. Been happening over and over since at least the 60s in at least automotive industry. People who use USA as an example of capitalism = bad are totally missing the point that USA is socialism for rich people at the expense of capitalism, as a real capitalist would love to buy BYD in USA. Capitalism needs to be constrained with regulation sure, but not in a way that benefits your “representatives” favourite private corpo
If we let the Chinese evs in they would out sell too many ice or hybrid cars and reduce our consumption of oil, as well as bring too much competition to our “free” market. We can’t have that, think of all the money spent in lobbying to keep us dependent on oil! And people might not buy electric cars from their favourite eccentric Nazi if there’s an alternative and that absolutely cannot fly! Ugh it’s the same story over and over again with American companies. Perform like dog shit, piss and moan that sales are tough because of those pesky foreign doing it better, tarrifs the competition out of competition and beg big govt for a nice bail out. Been happening over and over since at least the 60s in at least automotive industry. People who use USA as an example of capitalism = bad are totally missing the point that USA is socialism for rich people at the expense of capitalism, as a real capitalist would love to buy BYD in USA. Capitalism needs to be constrained with regulation sure, but not in a way that benefits your “representatives” favourite private corpo