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Tariffs in general aren’t inherently bad if they protect domestic interests, especially against a foreign power that is subsidizing production as part of an economic power play. If Trump had limited his tariffs to China and Russia not included all of our allies I would have agreed with him. If we didn’t desperately need more EVs and if US automakers weren’t such colossal assholes about making good cheap EVs I’d agree with this one
We don’t “desperately” need more EVs. But if you want more domestically produced EVs for some reason, you nationalize the auto-industry and mandate them. Tariffs in capitalism just mean that the protected industries increase profits on the same or even less supply.
More like determined to try delaying the inevitable lol
Not particulary in favor of Biden specifically but the left tweet doesn’t say tarrifs are bad per se, just on who the burden lands. Apparently that knowledge does not stop him from implementing them.
Of course. These tariffs are just to protect the US capitalists’ profits. At the expense of the working class as always.
While that’s correct, it’s also correct that the society including the working class benefits from locally produced products as they increase the local rather than international cashflow.
But of course, the main profiteers will be the higher ups.
I’m determined to ensure the higher prices pass to consumers, thereby making alternative energy more expensive and thus less in demand, thus raising demand for oil and gas
Is that what you meant Biden?
I don’t agree with either, tbh. I don’t support the latest tweet because I don’t believe America needs to “lead the world” in EVs or solar panels, it’s American exceptionalist nonsense.
Also, tariffs don’t necessarily mean American people pay for it. China doesn’t pay for tariffs, obviously. They can sell to other countries or for domestic use instead if Americans don’t wish to import their goods.
If the tariffs are imposed along with an increased state role in domestic production of EVs and solar panels, with proper planning like China did, the U.S. could achieve domestic production of the same quality in long run.
But in reality, there won’t be any proper planning. The U.S. government is incompetent. So, you’ll end up having inferior, overpriced cars.
Yes, and they know that. Manufacturing doesn’t spring up over night. As soon as alternative energy starts planning to build domestically, they can instantly reverse the tariffs thus reducing domestic demand.
This is all a play to protect one of the administration’s biggest constituents; oil and gas.
Wheres the tarrifs on things that are killing us, Joe? Where’s the carbon tax?
I dunno look at the magnificent success of forgiving student debt 15 dollar minimum wage and BUILD BACK BETTER
isn’t everything built back better naw? Believe it, Jack
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What?
These 2 tweets are NOT at odds with one another, what the fuck?
In the first he is poking fun at Trumps misunderstanding of Tariffs, who pays them, and their purpose.
In the second tweet he says he is using Tariffs to protect our countries interests in those industries.
He doesn’t imply who pays them… can you read? Do you understand what you’re looking at?
He is implying that putting a 100% tarrif on cheap dogshit EV’s made with near literal slave labor negates China’s unfair advantage. Not to mention the Chinese stole the fuck out of the IP required to make them.
Do you like our intellectual property being stolen from us, manufactured via worker exploitation, and then sold back to us on the cheap? If not, you shouldn’t be against this shit.
Fuck man.
He is implying that putting a 100% tarrif on cheap dogshit EV’s made with near literal slave labor negates China’s unfair advantage. Not to mention the Chinese stole the fuck out of the IP required to make them.
You’ve invented a completely new reality (none of this is stated in the tweet) while claiming the same of the original post.
Lol “our intellectual property”? Its not yours and never will be. Enjoy slobbering that capitalist knob
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Would you sa some protetive tariffs should be placed upon hexbear content?
