Biden hikes tariffs on Chinese EVs, solar cells, steel, aluminum
2 years ago by cyd to c/Neoliberal
Climate change and inflation are both important, so we're going to make it as expensive as possible to switch away from fossil fuels.
He's betting he won't lose votes on the left because the left will vote against Trump. He's playing chicken with the end of civilization, and we're all in the car with him.
Whats scariest is that might be the winning bet.
He could potentially win Michigan based on this, so you’re probably right in that they did some polls and found this to be a domestically “good” move.
The auto industry is huge in Detroit. If Biden didn’t do this, I could imagine a situation where these budget-friendly Chinese vehicles actually scare the Big Three Auto Companies and the UAW into backing Trump, which would be a disaster.
I believe a defense for the tariffs is that the Chinese government is heavily subsidizing them, but I do not know how true that is.
Still, I detest protectionism lol.
Edit: grammar
I hope Biden wins by a landslide, but his protectionist instincts are such an ugly trait.
They are such a disappointment. Protectionism just makes industry lazy (in my opinion.)
The US auto industry had plenty of time to build a competitive product. It’s their fault they didn’t.
Unfortunately though, they are major employers, with major unions, in a major swing state that Biden needs, giving them outsized influence.
That's a slightly outdated impression. This isn't the China of 1980 or even 2000; they've cleaned up quite a bit.
@kbin.social
Free trade, open borders, taco trucks on every corner. Latest discussion thread: April 2024 **We in m/Neoliberal support:** - Free trade and competitive markets
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@kbin.social
Free trade, open borders, taco trucks on every corner. Latest discussion thread: April 2024 **We in m/Neoliberal support:** - Free trade and competitive markets
- Immigration
- YIMBYism – ‘yes in my backyard’-ism
- Carbon taxes
- Internationalism and supranational governance – e.g. the EU, UN, NATO, IMF
- LGBTQ+ rights
- Democracy, human rights, civil liberties and due process Neoliberals can be found in many political parties and we are not dogmatic supporters of specific parties. But we tend to find ourselves agreeing more often with parties that espouse liberal values, internationalism and centrist economics, such as the Democrats in the US, Liberal Democrats in the UK, FDP in Germany, Renaissance/MoDem in France, the Liberal Party in Canada, and so on. **Further reading** - I’m a neoliberal. Maybe you are too.
- The neoliberal mind
- Neo-liberalism and its prospects
- Neoliberalism: the genesis of a political swear word **News sources** Here are some suggested news sources that we like and tend to find reliable. Please note that posts and threads are not at all limited to these sources! - The Economist https://www.economist.com/
- Financial Times https://www.ft.com/
- The Guardian https://www.theguardian.com/
- New York Times https://www.nytimes.com/
- The Atlantic https://www.theatlantic.com/world/
- The New European https://www.theneweuropean.co.uk/
- Vox https://www.vox.com/
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I get that he is trying to get manufacturing to return to the US, but man...
I'm betting they did polls and figured it might gain him more votes from the center than he will lose from the left.
save