Absolutely correct, we don’t want a competition based on social dumping or highest subsidies.
That’s why you make tariffs to compensate for that like the EU does, but EU has higher standards than USA, and is hit by tariffs in USA anyway, and although China has state subsidies, the 150% tariff doesn’t make the competition fair, it simply excludes any car made in China from being sold in USA.
Because US businesses will only compete and innovate if you force them. Leave them safe behind ramparts of protective trade policies, and they’ll keep coasting on 1990s technology, as the country as a whole slowly becomes a backwater.
Short term tariffs can allow domestic manufacturing to reach the design and scale to be competitive without tariffs. This was, in theory, the idea behind the 100% tariffs on Chinese EVs. Of course, none of the American auto manufacturers are doing anything with that leeway other than continuing to be terrible.
You are 100% correct that this is the general idea, the problem is that USA actually had a head start with Tesla, (as painful as it is to me to admit.)
Now the lack of competition will only result in the loss of the lead USA had until just a few years ago.
Of course Nazi Musk and Nazi Trump undermine American exports, and no amount of US tariffs can compensate for that.
Not really if you want fair competition.
It’s not fair competition if labor standards are far lower in the country being imported from.
Absolutely correct, we don’t want a competition based on social dumping or highest subsidies.
That’s why you make tariffs to compensate for that like the EU does, but EU has higher standards than USA, and is hit by tariffs in USA anyway, and although China has state subsidies, the 150% tariff doesn’t make the competition fair, it simply excludes any car made in China from being sold in USA.
Why would the US want fair competition?
Like I said, the consumers do not benefit from the tariffs, the nation does.
Because US businesses will only compete and innovate if you force them. Leave them safe behind ramparts of protective trade policies, and they’ll keep coasting on 1990s technology, as the country as a whole slowly becomes a backwater.
No the nation doesn’t, it just degrades into further noncompetitiveness, and increased consumer prices.
Short term tariffs can allow domestic manufacturing to reach the design and scale to be competitive without tariffs. This was, in theory, the idea behind the 100% tariffs on Chinese EVs. Of course, none of the American auto manufacturers are doing anything with that leeway other than continuing to be terrible.
You are 100% correct that this is the general idea, the problem is that USA actually had a head start with Tesla, (as painful as it is to me to admit.)
Now the lack of competition will only result in the loss of the lead USA had until just a few years ago.
Of course Nazi Musk and Nazi Trump undermine American exports, and no amount of US tariffs can compensate for that.
Does the nation benefit when there’s no actual benefits like health care for the citizens?