this post was submitted on 14 May 2024
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US announces higher China tariffs, including 100% for EVs (www.dw.com)
submitted 1 year ago by misk@sopuli.xyz to c/business@lemmy.world
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[โ€“] BossDj@lemm.ee 3 points 1 year ago* (last edited 1 year ago) (1 children)

Something needs to be different other than just punishing the Chinese. EV prices are shit in the US. It's already unfair. These tariffs should be fed directly into subsidizing EV production and factory development with strict scrutiny (NOT blank check handouts to corporations)

[โ€“] GenEcon@lemm.ee -1 points 1 year ago

So we are competing how is subsidizing the EV industry the most? Thats a stupid idea.