The U.S. government should block the import of low-cost Chinese autos and parts from Mexico, a U.S. manufacturing advocacy group said on Friday, warning they could threaten the viability of American car companies.
If the American car companies focused on their own viability they wouldn’t have this problem. Instead they focused on making the electrification process a premium luxury while the Chinese made it as affordable as possible.
There’s no way to be viable against a heavily government-subsidized competitor who operates in a country with little to no labor, environmental, or safety regulation.
Exactly right with regards to China, less so Mexico…
If you’re making fun of the US for being pro-free market but not here, surely it makes sense for them to tariff imports the same amount that their production is subsidised, or to subsidise the same amount as everyone else to at least approximate the free market
