The European Union voted on Friday to impose tariffs as high as 45% on electric vehicles from China, threatening a broader trade conflict with Beijing which has already vowed to protect its companies.
  • Andromxda 🇺🇦🇵🇸🇹🇼English
    -9•1 month ago

    they can subsidize EV manufacturing to the same degree

    Meaning that we would either have to increase tax rates or borrow more money? Wow, what a great solution.

    • @[email protected]
      18•1 month ago

      Or not subsidize oil and gas to the tune of ~$20 billion/yr and corn at $2.2 billion/yr and redirect that towards EVs.

      • @[email protected]
        6•1 month ago

        Yeah I find it a ridiculous parallel I recently saw an article that put a number on Chinese EV subsidies and it seemed extremely low compared to the barrels of money we’ve been giving the oil companies.

    • ☆ Yσɠƚԋσʂ ☆
      11•1 month ago

      Last I checked US prints money like there’s no tomorrow for shit like wars, but as soon as it comes to subsidizing something actually useful all of a sudden the concern trolling starts.