The Biden administration is suggesting the possibility that new penalties could be put in place if the Chinese makers of electric vehicles try to move their production to Mexico to avoid newly announced import taxes.
My assumption is that if Chinese EVs manufactured in Mexico prove to be superior to domestic alternatives, it could undermine the narrative of Chinese EVs being better due to factors like cheap labor etc.
They’ll simply be superior on price based on Chinese subsidies and consumers by-and-large will choose the cheapest option regardless of quality even if it harms them in the long run. This is why Walmart is the largest retailer in the world and a major reason why so many people are broke in the US. It’s a perfect trap.
Why?
Because American car company CEOs are making hand over fist raping the consumer and they dont want that to go away
My assumption is that if Chinese EVs manufactured in Mexico prove to be superior to domestic alternatives, it could undermine the narrative of Chinese EVs being better due to factors like cheap labor etc.
They’ll simply be superior on price based on Chinese subsidies and consumers by-and-large will choose the cheapest option regardless of quality even if it harms them in the long run. This is why Walmart is the largest retailer in the world and a major reason why so many people are broke in the US. It’s a perfect trap.
America loves to talk about freedom and especially when it talks about markets, but the idea of actual free markets terrifies them.
Right! Look at how they treated Guatemala now they want to punish Cuba for standing up to American Imperialism.