See all that is being done in China too but it’s not even the issue. The issue is car manufacturers receiving a direct subsidy on all cars produced. Nobody does that and generally selling things for under cost long term is considered illegal because it’s a way to establish a monopoly in an established market.
And yet even if that were true, where is the economic policy targeting that? You don’t throw a tantrum and tariff the world, but could do something useful with targeted penalties on one hand and incentives for your own legacy manufacturers on the other. I could be convinced by that
But reality looks a lot more like fear and xenophobia
https://www.gtai.de/en/invest/investment-guide/incentive-programs-in-germany
https://www.bundesbank.de/resource/blob/706050/925ab0ad3bac1c21abdf12909087f483/mL/2000-12-subsidy-trends-data.pdf
For the us, there was a combination of
See all that is being done in China too but it’s not even the issue. The issue is car manufacturers receiving a direct subsidy on all cars produced. Nobody does that and generally selling things for under cost long term is considered illegal because it’s a way to establish a monopoly in an established market.
And yet even if that were true, where is the economic policy targeting that? You don’t throw a tantrum and tariff the world, but could do something useful with targeted penalties on one hand and incentives for your own legacy manufacturers on the other. I could be convinced by that
But reality looks a lot more like fear and xenophobia