Biden Announces 100% TARIFF on Chinese-made Electric Vehicles
- Thread starter What Would Jesus Do?
- Start date
Will you blame Biden for higher prices after this tariff? Go Team Go!
If Congress were willing to help then Biden wouldn't have to do this. What other options does Biden have to protect American workers from unfair subsidization from the Chinese government?
To be fair, Trump got blasted here years ago for imposing tariffs. What’s the difference now?
Now that they've caught up and even surpassed us in some areas, we should probably return the favor. I doubt our stance against IP theft will get in the way. Double standards never seem to bother us.
You have to hand it to China. Our corporations were so gung ho to set up in China that they agreed to share their IP, teach Chinese their processes and tech, and gave China part ownership of their factories. And what they didn't share, China reverse-engineered.
They learned from us. We could learn from them.
Yep. After just three years and a global pandemic, the tariffs that Trump implemented in 2018 finally caused inflation to spike in the summer of 2021.
One Lakh is 100,000 Rupees. The cheapest EV at the first link converts to $8,370.
www.carwale.com
apnews.com
Electric Cars in India - May 2024 | Electric Car Prices, Images – CarWale
Find the complete list of Electric Cars in India which starts from MG Comet EV (Rs. 6.99 Lakh). Check price list, reviews & images of battery cars and Hybrid cars – CarWale.
www.carwale.com
India is one of the world's fastest-growing EV markets. This is why
India is one of the fastest growing electric vehicle markets in the world, and more than 90% of India’s 2.3 million EVs are the cheaper and more popular two- or three-wheelers — that’s motorbikes, scooters and rickshaws.
apnews.com
I guess it will be on the House then
Here is an article that discusses Inflation. I don't see anything about tariffs, so, we should be okay with what Biden did
Are you still claiming Trump's tariffs caused inflation?
They were trying to get an infrastructure bill passed while dealing with a worldwide pandemic fallout and out of control inflation. Where were you during that time to not remember that?
How much is the Chinese government actually subsidizing EV's, steel, etc. ? I don't know the answer.
Tariffs should only be used to level the playing field, and should not be punitive. That was true with Trump, and that should be true now.
Tell me about all the things China has caught up to us with. More importantly, all the ways they have surpassed us? Like when they destroyed global supply chains for things adjacent to critical infrastructure with their reckless covid response?
China is in major trouble. Their demographics are upside down; they have one of the fastest aging populations in history, they don’t innovate for shit, and their skilled labor is no longer inexpensive.
I'm claiming they contributed to higher prices which contributes to inflation. They are a tax on the consumers. It may not be included with inflation calculations, but the money you spend is more because of them. But I guess it's only inflation driven cost increases that piss you off then? Kind of weird but ok.
I don't disagree with this, although I don't think tariffs were the correct approach back when Trump did it. There was an opportunity there to do something far more nuanced and probably far more effective. Democrats would have worked with Trump to do something on that issue. Trump didn't even try. Now if Trump had put in a real effort to legislating something and was unable to do it and then still went to tariffs to do something, I don't think he would get nearly as much criticism for them.
Lolz. You said, verbatim, “Funny how inflation blew up after Trump's trade war.”
Anyone who isn’t an idiot reads that the same way the rest of us did, which is to infer that you’re attributing causation here, which you were.
A cause. Not THE cause. Things can happen for more than one reason you know.
I do get confused sometimes. I think of you as a libertarian. Is that wrong? If wrong, I wonder who I'm mixing you up with?
Considering you said they “blew up after trumps trade war” I’d say you were of the belief they were the primary cause. If not, you’d have said that. It’s ok, everyone does and says idiotic shit on the internet.
For the remainder of Trump’s term in office, inflation mostly varied from about 1.5% to 2.5%. I’m pretty okay with 2% inflation. 9%, not so much.
Well, your assumption was incorrect. But whatever, not every post I make includes every aspect of what I think into one post.
It’s been years since I’ve said I’m Libertarian. But even that was short lived. I did vote for Gary Johnson, but that was a vote against the other two candidates. I’m a registered Republican, but consider myself an Independent. Never voted Trump and won’t. The far right is why I can’t vote R. The far left is why I can’t vote D.
So . . . I wasn't so much wrong as out of date. Are you opposed to the basic green new deal principles? Is that what you mean by "far left"?
If you can't vote R or D, how do you plan to vote this time around?
Me, too. But the Trump tax cuts - a stimulus when the economy was already on fire - definitely primed the pump for inflation.
Yeah, dems are famous for their willingness to work with Trump. Jfc lol
You know exactly what the difference is.
Spin cycle is in high gear on this one. Looking forward to it continuing. Should be lots more chiming in soon.
Consumer inflation was 1.4% when Trump left office.
That's just setting the record straight on that. Punitive tariffs undoubtedly cause prices for effected goods to be higher when there's no alternative for that good (or service). Trump's tariffs went too far. Biden could have reversed them, but never did, and now is simply pandering to the UAW because even more jobs will be lost.
The Green New Deal states its goal as: “Build a greener economy and take larger steps towards socio-economic equality.”
I believe that climate change is happening and it is and will continue to have long term impacts on our planet. I believe we should continue to work towards alternative energy resources, however not at the pace the left thinks we need to. The US can and should lead the way, but not at the peril of our economy. I don’t believe that EV vehicles will save our planet. While better than ICE, they still require a substantial strain on the earths natural resources.
I most certainly do not believe we need to be taking large steps towards socio-economic equality.
I am a firm believer that we should not be conducting business with countries that want to harm us. So yeah, F China. China started construction on 70.2 GW of new coal-power capacity last year, nearly 20 times as much as the rest of the world's 3.7 GW. I don’t think they are on board with the Green New Deal.
As for my vote. What I know today is that it will not be for Trump. My preference is that Yrump is behind bars by November. More than likely I will reluctantly vote for Biden in November. I’m really hoping something changes between now and then, but it doesn’t look like it will.
Huawei? A camera? Come on bruh. This is a company that the US Government has charged with decades of IP theft. They’ve been so pathetic in their attempts to hide it that stolen IP from Cisco included typos from the manuals-lol.
There was and probably still is, widespread concern of legitimate espionage through mass market adoption of their products because they are widely believed to be a front for the CCP. China isn’t playing by the same rules as everyone else, which is why the US is largely divesting the Chinese relationship for things near critical infrastructure.
Had you not said you'd be voting for Biden you would be labeled a climate change denier and MAGA. I absolutely agree with everything you said except for the second to last sentence. For me that will be Chase Oliver.
I don't agree with it. As others have said there is probably a better path.Trump vows massive new tariffs if elected, risking global economic war
Even in the face of growing personal legal peril, Donald Trump summoned his top economic advisers to his private golf club in New Jersey for a two-hour dinner last Wednesday night to map out a trade-focused economic plan for his presidential bid. Get a curated selection of 10 of our best...iowa.forums.rivals.com
Trump's Tariffs Won't Kill US Jobs. They'll Create the Wrong Ones.
https://fee.org/articles/trump-s-tariffs-won-t-kill-us-jobs-they-ll-create-the-wrong-ones/‘Build Back Beijing’: Biden Waives Solar Tariffs In Massive Win For Chinese Industry
Solar Panels from China President Joe Biden is set to use his executive authority Monday to issue a 24-month moratorium on solar panel tariffs designed to bolster U.S. industry. Biden’s actions will pause enforcement of Obama-era anti-circumvention tariffs on solar panels and invoke the 1950...
The China tariffs have failed economically, politically and legally
https://thehill.com/opinion/international/3681207-the-china-tariffs-have-failed-economically-politically-and-legally/
There are no less than a dozen threads discussing how horrible of an idea it would be if trump did it, and how it would end the american economy. My favorite is the "mainatream republican" responses.
I'm sure the usuals will be here to tell us how this is a dumb move now that Biden is doing it.
What's more important to Dems? Getting the world off of fossil fuels ASAP? Or, just blindly supporting Biden? Tough one.
Also, a new problem with EVs has shown up.
Also, a new problem with EVs has shown up.
