14
US should block cheap Chinese auto imports from Mexico, US makers say
(www.reuters.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 24 Feb 2024
14 points (100.0% liked)
World News
22057 readers
135 users here now
Breaking news from around the world.
News that is American but has an international facet may also be posted here.
Guidelines for submissions:
- Where possible, post the original source of information.
- If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.
- Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.
- Do not post ragebait or shock stories. These will be removed.
- Do not post tabloid or blogspam stories. These will be removed.
- Social media should be a source of last resort.
These guidelines will be enforced on a know-it-when-I-see-it basis.
For US News, see the US News community.
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
If the American car companies focused on their own viability they wouldn't have this problem. Instead they focused on making the electrification process a premium luxury while the Chinese made it as affordable as possible.
There’s no way to be viable against a heavily government-subsidized competitor who operates in a country with little to no labor, environmental, or safety regulation.
Exactly right with regards to China, less so Mexico...
If you're making fun of the US for being pro-free market but not here, surely it makes sense for them to tariff imports the same amount that their production is subsidised, or to subsidise the same amount as everyone else to at least approximate the free market