xi-clap

  • determinism2 [he/him]@hexbear.net
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    8 months ago

    The purpose of this article I didn’t read is probably to manufacture consent to increase the protectionism.

    Subsidies likely won’t be enough; Mr. Biden will need to impose new trade restrictions. But here’s where it gets messy. The case for protecting the American auto market from Chinese E.V.s is obvious, politically essential, but also highly troublesome. In the short term, American automakers — even the homegrown electric-only carmakers like Tesla and Rivian — must be shielded from a wave of cheap cars.

    yep