After the USA, the EU is also planning import tariffs on cars from China. The trade war is intensifying, with car tariffs also being planned for imports of european vehicles into the USA. In this sector, which is so important for Europeans, it's now everyone against everyone else!
42 sats \ 4 replies \ @0xbitcoiner 14 May
I just discussed this with Undisciplined yesterday. I understand your point of letting the market regulate this, but in this case, given that it's a very large industry, I think some measures need to be taken to protect the European electric car industry and, more importantly, jobs. I'm not saying this is the best measure, nor do I know what it would be. I'm just saying that something needs to be done about the import of heavily government-subsidized Chinese electric cars.
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48 sats \ 3 replies \ @TomK OP 14 May
the jobs argument is always a political killer argument and i fundamentally reject that. once you allow interventionism, there is no stopping politics and more and more reasons are created to protect any industries and sectors. so for me: free trade no matter who subsidizes what and where. subsidized industries already have their own inherent decline.
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42 sats \ 2 replies \ @0xbitcoiner 14 May
Sure, these are all political issues. I'm also a supporter of the free market, but when we see others trying to manipulate and harm, in this case the Chinese market against the American and European ones, I think something needs to be done. Again, I don't know if raising import tariffs is the best measure, but something has to be done. Do you think nothing should be done? And should we let European industry, and especially German industry, go down the drain?
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48 sats \ 1 reply \ @TomK OP 14 May
I think the EU commies are destroying it by themselves if You watch their energy policy and interventionism
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0 sats \ 0 replies \ @0xbitcoiner 14 May
I'm with you on the dangers of excessive intervention and regulation, but I don't think we should throw the baby out with the bathwater. Take the electric car industry, for instance. It's clear that China is out to dominate the global market, and their tactics are questionable to say the least. But does that mean we should just sit back and do nothing? I'm not convinced.
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42 sats \ 2 replies \ @Satosora 14 May
The problem with chinese cars is how cheap and worthless they are.
Importing a car that breaks after 2 years....it will be more trouble that it is worth.
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10 sats \ 1 reply \ @TomK OP 14 May
But let the market regulate this. If it's crap it won't have a future. We don't need our gov super heroes
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0 sats \ 0 replies \ @Satosora 14 May
And all of the chinese cars have hookups to the chinese government.
Just like the phones they were trying to sell.
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