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this post was submitted on 14 May 2024
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United States | News & Politics
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We have a number of subsidies for domestic EV production. That will all be a waste if China's subsidized EVs undercut the domestic market. This is consistent with a broader effort to boost domestic manufacturing. While at odds with efforts to promote the adoption of green technologies, the administration is trying to strike a balance between competing interests, in this instance balancing consumer access to green tech with job growth, domestic manufacturing, and less reliance on China for critical technologies.