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Politics & Religion / Re: China
« on: Today at 08:37:40 AM »
Very interesting, Anti-Trust issues are very tricky. The Clinton administration went after Microsoft and brought a crash on the entire tech sector. Free market writers like Steve Moore oppose today's government actions against US tech giants like Google and Apple while these companies dominance grows.
China is a unique case. They are an enemy and a competitor, and a supplier and a potential market.
I saw Trump's China tariffs as a tactic in support of free trade. The end game was to break down tariffs and barriers in pursuit of free trade. It was all interrupted by covid and US regime change.
Selling below cost isn't China's main tactic in trade (IMHO). They also steal technology and close their market to us. They aren't deserving of free trade, but an import tax costs us as much as it hurts them.
Now consider the idea the US under Biden is switching to a centrally planned economy with EVs in particular, also chips, solar panels and so on.
So what is our motive here:
https://www.cbsnews.com/news/biden-to-announce-new-100-tariffs-on-chinese-evs/
"Biden administration announces new tariffs on Chinese EVs, semiconductors, solar cells and more"
Is it because they are competing unfairly or because we want to be more like them?
I see a distinction between trying to break down barriers with retaliation, and us adopting their system.
It used to be that freedom beat central control every time it was tried.
The irony of it is that by banning cheaper imports we are locking ordinary Americans out of the EVs our government wants us in so badly. We are also making our own manufacturing more expensive and less competitive with the cost increases.
We ban and block our manufacturers from sourcing locally (cf. mining bans on rare earth elements) then try to protect them with tariffs to equalize the cost.
What could go wrong?
China is a unique case. They are an enemy and a competitor, and a supplier and a potential market.
I saw Trump's China tariffs as a tactic in support of free trade. The end game was to break down tariffs and barriers in pursuit of free trade. It was all interrupted by covid and US regime change.
Selling below cost isn't China's main tactic in trade (IMHO). They also steal technology and close their market to us. They aren't deserving of free trade, but an import tax costs us as much as it hurts them.
Now consider the idea the US under Biden is switching to a centrally planned economy with EVs in particular, also chips, solar panels and so on.
So what is our motive here:
https://www.cbsnews.com/news/biden-to-announce-new-100-tariffs-on-chinese-evs/
"Biden administration announces new tariffs on Chinese EVs, semiconductors, solar cells and more"
Is it because they are competing unfairly or because we want to be more like them?
I see a distinction between trying to break down barriers with retaliation, and us adopting their system.
It used to be that freedom beat central control every time it was tried.
The irony of it is that by banning cheaper imports we are locking ordinary Americans out of the EVs our government wants us in so badly. We are also making our own manufacturing more expensive and less competitive with the cost increases.
We ban and block our manufacturers from sourcing locally (cf. mining bans on rare earth elements) then try to protect them with tariffs to equalize the cost.
What could go wrong?