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Biden really, really doesn’t want China to flood the US with cheap EVs
(www.theverge.com)
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this post was submitted on 10 May 2024
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Might be a valid argument if China didn't play currency games.
Also, the protectionist in me wants American heavy industry to continue to exist.
Imagine believing that China is the only country playing "currency games".
It's all just imaginary numbers based on printed paper.
I want American heavy industry to be good enough to continue to exist. Otherwise we're just a house of cards waiting for a stiff wind.