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
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