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Sounds like a good reason to nationalize the car industry and not worry about making a profit.
We Canadians are in a weird place - socialism isn't a dirty word up here (except as imported from American culture)... but we're still deep into neoliberalism with both the LPC and CPC being strongly neoliberal parties... the only national party arguably opposed to neoliberalism is the NDP.
Nationalize who? The only domestic companies are GM, Ford, and Tesla. This isn't about protecting those three companies, it's about protecting all of them.
Yea and that's more than half of the cars driven in the United States.
More like 34%. Tesla is 4%, Ford 13% and GM 16.9% in the US
Everybody is forgetting Chrysler/Dodge for some reason.
"The national breakdown as determined by the data is 55.55 percent for domestic makes and 44.45 percent for foreign makes."
https://www.kilgorenewsherald.com/home-is-where-the-car-is-top-10-states-for-domestic-and-foreign-car-brands/article_0027c354-4a92-58b5-bc7f-9cea645a4272.html
this map shows that there's a lot of variance in ownership by state tho.
Chrysler/Dodge/RAM/Jeep are owned by a company based in the Netherlands.
Dodge/Chrysler/Jeep
They're owned by a company from the Netherlands.
Then subsidize ev and electrification, genius
We already do subsidize them with federal and state credits. It's not like every other brand new car, whether ICE or EV hasn't seen price increases climb year over year. I'm not sure why people suddenly think everyone should be able to buy brand new cars at will. This has never represented reality.
Then why are we complaining about china subsidizing their EV production and undercutting the market?
Oh, right, we're concerned with putting our auto manufacturers out of business, while also filling the market demand for new EVs.
Better to provide subsidies for EV's and tariff China's production, that way our auto manufacturers benefit from the subsidies without having to increase supply or lower their prices!
The US has a certain level of basic vehicle replacement, and the replacement demand is mostly in EV's. Or if you're worried about reducing personal car use, maybe buy a cheap electric bike or personal transportation vehicle from china instead!
Were complaining because unlike US subsidies that any company can qualify for, Chinese subsidies only apply to Chinese vehicles and are solely there to reduce competition and reduce options.
We only have 3 domestic companies that manufacture vehicles in the US, GM, Ford, and Tesla, while these tariffs protect the entire market including all the foreign manufactures that sell vehicles here like Hyundai, VW, BMW, Toyota, and Stellantis.
Why exactly are you complaining if, as you say, the current demand is for EVs and the replacement vehicle demand is for EVs? If this is true then that means people are buying EVs even though China isn't selling any here. Seems like there's no issue here.
That certainly is an option that is much more environmentally friendly that buying a car built in China. Why exactly are you trying to use this as a crudgel here if your goal is to reduce pollution? That makes zero sense.
That's just not true; the US subsidizes domestic production in a ton of industries (corn, oil, ect). Maybe you're referring to specifically environmental subsidies, but I think there's room to grow to tailor them more to encourage domestic production. Developing the infrastructure for things like batteries and solar panels will take time, but domestic ev manufacturing is already established and could be further subsidized directly, if the US chose to. Placing a 100% tariff on Chinese goods means that domestic/western manufacturing can continue comfortably marketing their EV's to the upper-middle to luxury vehicle segment of the market without worrying about competing with cheaper Chinese vehicles. If instead they subsidized production themselves, they could potentially better compete with China's cheaper cars and provide more affordable options to consumers who can't afford to spend $50,000 on a car, and who would otherwise purchase a cheaper $30,000 ICEV vehicle because that's all they can afford.
Ok, well then subsidize those as well? Why are we saying European manufacturers are incapable of subsidizing their own production, too? China chose to aggressively transition to electrified production, I think that's absolutely a good thing; the western world should be following suit. Not to mention that grid electrification would be protective against, say, if their oil or gas supplier cut them off and they had to scramble to find another supplier or risk their people freezing and economies panicking.
Because they are prohibitively expensive for most Americans, still. China is producing far cheaper vehicles, which would otherwise broaden the market for EV's in the US if we allowed them to be sold without our 100% tariff.
My goal is to reduce carbon emissions, and a part of that long-term goal is to replace ICEV production with more sustainable EVs. For what new vehicles are needed, we should be prioritizing more sustainable EV's instead of ICEV's, as well as further electrifying our grid and supporting local transport options. It isn't one or the other, I was simply pointing out that there's a transportation market regardless of if you're talking about PEVs for micromobility or EVs for traditional interstate travel.
The US and the rest of the western world has seemingly decided that protecting their existing ICEV infrastructure and fighting China's increasing market dominance is more important than speeding their own transition to renewables and electrifying their infrastructure. I think it's ass-backwards to tariff the one producer who is doing the most to accelerate transition to clean energy infrastructure if your goal is to get to net zero as quickly as possible (as it should be).
Sounds like a good way to end up making Yugos.
Yugos were great cars for the time and for what Yugoslavia needed and could build.
You and I have very different memories of Yugos.