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US to impose tariffs on Chinese EVs next week
(www.arenaev.com)
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this post was submitted on 10 May 2024
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And that’s precisely what’s happening here. A car manufacturer with a whole-ass government subsidizing it is going to be able to operate just fine at a loss pretty much indefinitely, whereas a normal car manufacturer would sooner or later simply go bankrupt (pointedly ignoring the whole “too big to fail” idiocy, which to be honest, while similar, isn’t quite the same thing).
It's exactly the same thing.