China subsidizes their infrastructure and industries which is why they are able to produce cheaper than domestic.
There really isn’t a good answer in these kind of trade wars other than outright banning, tariffs, or heavy subsidies to your own industry.
In these cases countries are determining national security concerns outweigh environmental concerns. Not saying it’s right or wrong but that’s where we are
Ideally we can use this strategy to our benefit, tell the North American automakers that there needs to be x readily available models of electric cars with minimum specs at a certain price by a specific date or they will open up the market to China who will eat their lunch.
China subsidizes their infrastructure and industries which is why they are able to produce cheaper than domestic.
There really isn’t a good answer in these kind of trade wars other than outright banning, tariffs, or heavy subsidies to your own industry.
In these cases countries are determining national security concerns outweigh environmental concerns. Not saying it’s right or wrong but that’s where we are
Ideally we can use this strategy to our benefit, tell the North American automakers that there needs to be x readily available models of electric cars with minimum specs at a certain price by a specific date or they will open up the market to China who will eat their lunch.