US should block cheap Chinese auto imports from Mexico, US makers say
The U.S. government should block the import of low-cost Chinese autos and parts from Mexico, a U.S. manufacturing advocacy group said on Friday, warning they could threaten the viability of American car companies.
They have no problem abusing the same "loophole" for their plants in Europe and Asia.
They love the idea of competition right up until they have to actually compete
The free market is a myth
American EV manufacturers are consistently cutting their production citing waning demand. This is obviously false since the US is blocking cheap imports, car makers have everything to gain by limiting supply and keeping prices high.
Chuckles, "Yep, only American manufacturers should be allowed to cheaply build cars in Mexico and export them to the US."
The issue is they're wanting to sell $30,000 cars for $15,000 (with the rest paid for by the Chinese government) which sounds great as a consumer until all the other manufacturers exit the market due to the impossibility of competing with those subsidies. Once they eliminate the competition, they'll start selling these $30,000 cars for $50,000+ because "fuck you who else are you going to buy from?" That's not to say the current crop of manufacturers aren't fucking us over too but this isn't how you eliminate that problem. You're just trading one bully who steals your lunch money for another.
So basically it's bad because they might do capitalism
do you have any sources for that? because byd is selling their cars elsewhere in the world for 30k-50k usd new, similar to competing american brands. The only thing I can find is a tax incentive that's less than the tax credit you can get in the us.
You say that like US car manufacturers would last a week without government subsidies.
Obviously not true
But if it was: skill issue, communists stay winning,
better at capitalism than capitalistsbecause "fuck you who else are you going to buy from?"
Well, you can buy from another China's auto company or other country's car company. Or maybe it will make your country allocate budget from something big and destructive to the world and reallocate them to the failing auto industry?
The issue is they're wanting to sell $30,000 cars for $15,000 (with the rest paid for by the Chinese government)
[Citation needed]
China ended its national level domestic EV subsidies in 2022 so it makes very little sense to subsidize foreign buyers for 50% of the cost of a vehicle while cutting subsidies for domestic consumption which is much more economically and socially advantageous.
You admitted yourself the harm is already happening; just with American companies.
At the very worst, we are fucked either way.
The alternative is, maybe the Chinese government doesn’t fuck us over. So at least we have a chance with them.
Honestly, that leaves me wondering why you care other than the “scheming asiatic” angle to this
Oh come on. The US has super conservative and protectionist policies.
The fact is that both CATL and BYD have the upper edge in battery technology. And that a lot of Chinese car manufacturers have very good and competitive products.
European car brands are really struggling to transition to the future and still can't figure out their software and technology. They are run by old guys who are still trying to save the ICEs as this technology is a gatekeeper of their businesses.
True, but banning them seems like using a nuke to deal with a fly, just a bit overkill. I don't expect the Chinese to play fair, but it seems that just saying that the rules only apply to American companies seems wrong and lazy.
You think giving away ChatGPT for free isn’t distorting a market ?
Well American civilization has been deliberately constructed to require cars for survival outside a number of cities you can count on one hand and cars from US manufacturers are getting so expensive that even used cars are becoming unaffordable to large and growing segments of the population, so I don't know that I care that Ford's bottom line will be impacted.
Nooo you can't make affordable cars for people, we need our shitty noncompetitive prestige brands to make the money
So much for free markets. Everything the US was trying to push onto others it is now fighting itself. I love the hypocrisy.
NAFTA?? who's she?
huh theres another petrol derivative called naphtha in english lol, shared etymology for related substances
I hardly know her!
Blocking imports of Chinese EVs while American manufacturers keep their EVs as luxury products and prioritize CE vehicles is not only blatant protectionism, but another way to kill the planet for the sole purpose of enriching a small minority of very wealthy people.