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Joined 2 years ago
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Cake day: July 13th, 2023

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  • It isn’t that an inexpensive electric vehicle from China is bad, in fact that’s great.

    The issue is that the cars are subsidized at such a rate that it goes beyond domestic incentive and into “we’ll just make sure no matter what we can sell for less than the competition” in an effort to drive any competition out of business.

    It’s an anticompetitive practice that has significant impacts if allowed unchecked.

    This is not meant as a value statement about the west, USA or Canada … as in I’m not saying “China bad when they do it, west good when they do it” because it’s bad when it’s done by whoever does it.

    Effectively it’s a lever to weaponize fair trade and that’s antithetical to the idea of fair trade, at least insomuch as the international community tends to agree.