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EU to Impose Tariffs Up to 45% on Chinese Electric Vehicles (www.bloomberg.com)

submitted 2 months ago by [email protected] to c/[email protected]

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[+] [email protected] -9 points 2 months ago (2 children)

they can subsidize EV manufacturing to the same degree

Meaning that we would either have to increase tax rates or borrow more money? Wow, what a great solution.

[–] [email protected] 11 points 2 months ago

Last I checked US prints money like there's no tomorrow for shit like wars, but as soon as it comes to subsidizing something actually useful all of a sudden the concern trolling starts.

[–] [email protected] 17 points 2 months ago (1 children)

Or not subsidize oil and gas to the tune of ~$20 billion/yr and corn at $2.2 billion/yr and redirect that towards EVs.

[–] [email protected] 5 points 2 months ago

Yeah I find it a ridiculous parallel I recently saw an article that put a number on Chinese EV subsidies and it seemed extremely low compared to the barrels of money we've been giving the oil companies.