this post was submitted on 18 Mar 2025
411 points (98.6% liked)
Economics
664 readers
373 users here now
founded 2 years ago
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Largely because they can sell at or below cost and still make a profit, because they're being propped up by the Chinese government.
Domestic production is the legitimate use of tariffs, especially when the target country is effectively hacking their prices lower through subsidies. China wants to Walmart green tech. They want to artificially lower their prices until they've driven out all competition permanently.
Just like how Canada's high tariff on US dairy after a certain limit was valid because they want to retain some of their own production. And the US could literally drown Canada in milk.
Wow what a great point. There surely can't be any other reason why China would want to get EVs into as many peoples driveways worldwide as possible, right? Must just be greed. Damn greedy Chinese, going around causing or abusing conflict to make profit and putting out all this horrible propaganda about western nations. My good ole USA has never done anything wrong, its so obvious!