this post was submitted on 10 May 2024
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[–] [email protected] 88 points 6 months ago (59 children)

I'm usually against tariffs but in this case it seems like a pretty fair tit for tat to China basically removing the budgetary concerns for their manufacturers that said manufacturer's international counterparts won't have.

Subsidizing local production for local markets is fine enough, but exporting products made with an infinite money glitch active is more or less an intentional play at market capture.

And before some sinoboo tries to gatcha me I do also object to examples where the west subsidizes domestic production for international markets.

[–] [email protected] 69 points 6 months ago (52 children)

I want a $10000 car that would normally be inflated to $30000 in the US.

I’m no lover of China, but fuck the capitalist auto companies.

[–] [email protected] 32 points 6 months ago (23 children)

I want a $10000 car that would normally be inflated to $30000 in the US.

You can't make that same car in the United States for anything like the same price. Even ignoring the Chinese Governments heavy subsidies there's still a massive cost gap due to worker compensation, cost of compliance with safety regulations, cost of compliance with environmental regulations, and a whole host of other things.

The cost of manufacturing in the United States is radically higher than it is in China and that simply isn't fixable unless you're going to unwind Union pay deals, remove environmental laws, and reduce safety restrictions.

You cannot have both, so which are you choosing? Are you going to go with your wallet like a self absorbed capitalist or are you going to support union workers, stronger environmental laws, and more worker safety?

[–] [email protected] 1 points 6 months ago

Sure we will take the sacrifice... I'm sure this time capitalist will get the message and start behaving reasonably

It's like that time thousands of us reduced or eliminated meat intake and suddenly the Kardashians realized taking private jet flight to avoid a few minutes of traffic was bad and stopped doing it

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