I wonder if it would hurt the current new car market more or the used car market. I could see a lot of traditional new car buyers turning up their nose to cheap Chinese cars, but traditional used car buyers would likely jump at the chance to get a new car for used car pricing.can BYD's cars even pass FMVSS? i would think that is a huge barrier to entry from a cost/technology standpoint. if so, then yeah, at a 10k or 20k price point, that would absolutely decimate US BEV auto sales.
that's what i mean. i have no doubt that BYD could make a vehicle that can pass FMVSS from a purely technical perspective. but can they do that, and still have the car come out to $20k, tariffs included?I wouldn't assume they couldn't pass FMVSS if BYD decided it wanted to. BYD sells cars in Europe. The question is how much passing FMVSS would increase the price point of their vehicles for entry into the US market. Would the US change the laws if BYD setup a factory in the Mexico to try and bypass those tariffs.
https://arstechnica.com/cars/2024/02/byd-may-build-electric-vehicle-factory-in-mexico-for-us-market/
US has asked Mexico to keep the Chinese EV makers out of the free trade zones and they have complied.
Doesn't the US-Mexico-Canada trade agreement apply to all of Mexico and not just the free trade zones?
https://tacna.net/manufacturing-in-the-mexico-free-zone/
Can anyone explain why imposing tariffs or prohibiting trade partners to do business with Chinese EV companies is in the best interest of the consumer? If their cars pass our safety standards, why would we make it more difficult for Americans to own them?
anti-trust anti-competitive laws exist to prevent someone from controlling a market through means other than making a better product. selling a product for significantly less than the cost to make it in order to drive out the competitors is not making a better product. it is ok for the consumer in the short term but after all the other rivals are gone, the monopoly usually raises prices making the consumer spend way more than they would if there were alternatives.Can anyone explain why imposing tariffs or prohibiting trade partners to do business with Chinese EV companies is in the best interest of the consumer? If their cars pass our safety standards, why would we make it more difficult for Americans to own them?
Can anyone explain why imposing tariffs or prohibiting trade partners to do business with Chinese EV companies is in the best interest of the consumer? If their cars pass our safety standards, why would we make it more difficult for Americans to own them?
I'm not sure about the whole topic. In actual historical practice, it seems that many countries, including the US, initially developed their domestic industries by imposing restrictions and tariffs on imports.
If the US had stuck with pure free-trade and only concentrating on industries that it had a comparative advantage in, as per free-trade orthodoxy, would it not still be based largely on exporting furs?
"Ban slavery except when it's convenient and expeditious to have slaves!"well, you've skipped a few centuries of cheap cotton produced by "free labor," of which Europe, and especially the UK absolutely depended on, despite their very honorable pivot to "ban slavery!" from their empire, at one point.
oh, and tobacco and sugar of course
I get that it protects domestic industries but I don’t know if that’s a good thing right now when there is a major push to get us off of oil and US car manufactures seem to be dragging their feet. Is it really hard to differentiate between products that are cheap vs ones trust are cheap because of their government?
Polestars are built in China, not to mention Volvo is Chinese owned.We don't want to give China anymore leverage than they currently have over the US economy. These are the same POS's that are helping Russia right now in it's invasion of Ukraine. Do you really want to help them?
Polestars are built in China, not to mention Volvo is Chinese owned.
I get that it protects domestic industries but I don’t know if that’s a good thing right now when there is a major push to get us off of oil and US car manufactures seem to be dragging their feet. Is it really hard to differentiate between products that are cheap vs ones trust are cheap because of their government?
anti-trust anti-competitive laws exist to prevent someone from controlling a market through means other than making a better product. selling a product for significantly less than the cost to make it in order to drive out the competitors is not making a better product. it is ok for the consumer in the short term but after all the other rivals are gone, the monopoly usually raises prices making the consumer spend way more than they would if there were alternatives.
this is even more of an issue when the companies are being underwritten by the (chinese) government as they have enough money to continue operating at a loss far longer than an ordinary business would.
And on top of that, they've become an also ran in the industry. Seems they can't make money if the old Moore's law has also begun to flop. Too bad X-ray lithography seems like a never. (Make a good buck on a penny stock involved in that business).For the most part government doesn't care. And that (cost) has nothing to do with it (look how long its taken them to do a damn thing about multiple situations of that happening in the US, and most likely it'll just be some fines which will be chump change compared to the damage from the anti-competitive behavior; the tech giants alone probably got a trillion or more dollars fleecing Americans over the last decade and its getting worse; fossil fuel companies probably worse, likely tens of trillions over the decades they've been doing that and they're literally killing Americans in the process of their shit - pollution will likely kill more Americans than cigarettes). If some American billionaire wanted to partner with a Chinese EV company to make EVs in the US, using imported Chinese parts, the government would give a shit only because of the ability for China to infiltrate other systems, cause, China. Nevermind China doesn't even need to do that, or that the US is doing it to other countries (including allies) and has been for decades. And even though American (and European and Japanese, and...) car companies are snooping all the shit off your phone when you connect to their systems (which includes selling that data for China to get...cause they really give a shit...). Its just like how they're going apeshit about TikTok, nevermind US companies have been shown to be doing exactly the shit they're sounding the alarms about China, and worse, to American citizens where we can show a wide variety of direct harm. But who fucking cares cause its American companies.
Intel did that shit for decades and barely anyone gave a shit. They got a fine that was like 1/5 of a year's worth of cost for Intel in the US, and Europe reduced the fine and is letting Intel payoff with effectively the loose change from their couch. Meanwhile, Intel's bullshit gave us possibly the single largest hardware compromise in all of history (that hardly anyone seems to give a shit about - probably because security is already shit in most companies). And its going to cost Americans tens of billions more as we're gonna end up subsidizing Intel to be anti-competitive, all in the guise of it being better cause they're American fucking America.
Moore's law has always been a pet peeve of mine. It's not by any measure a law of any sort. It should have been called Moore's speculation.And on top of that, they've become an also ran in the industry. Seems they can't make money if the old Moore's law has also begun to flop. Too bad X-ray lithography seems like a never. (Make a good buck on a penny stock involved in that business).
Lol 2018The amount of lying to pump himself up, and stock prices, is completely insane. The cult of Elon is shite.
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intel lobbying managed to convince congress and the executive that they were a critical domestic industry even though their revenue never really reached anywhere near the size to justify not enforcing anti-competitive laws and the fact that a bunch of their fabs were located outside the US. that is in the past now. the Biden admin has very much been making changes to policy on these sorts of violations and strengthening right to repair. given a 2nd term and majority in the house and senate, we could actually see some real enforcement.Intel did that shit for decades and barely anyone gave a shit. They got a fine that was like 1/5 of a year's worth of cost for Intel in the US, and Europe reduced the fine and is letting Intel payoff with effectively the loose change from their couch. Meanwhile, Intel's bullshit gave us possibly the single largest hardware compromise in all of history (that hardly anyone seems to give a shit about - probably because security is already shit in most companies). And its going to cost Americans tens of billions more as we're gonna end up subsidizing Intel to be anti-competitive, all in the guise of it being better cause they're American fucking America.
Fuck. That. Guy.