this post was submitted on 24 Feb 2024
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Chuckles, "Yep, only American manufacturers should be allowed to cheaply build cars in Mexico and export them to the US."
The issue is they're wanting to sell $30,000 cars for $15,000 (with the rest paid for by the Chinese government) which sounds great as a consumer until all the other manufacturers exit the market due to the impossibility of competing with those subsidies. Once they eliminate the competition, they'll start selling these $30,000 cars for $50,000+ because "fuck you who else are you going to buy from?" That's not to say the current crop of manufacturers aren't fucking us over too but this isn't how you eliminate that problem. You're just trading one bully who steals your lunch money for another.
You say that like US car manufacturers would last a week without government subsidies.
One country subsidizing an industry while imposing tarrifs on another country for subsizing that same industry is literally an actionble dispute in the WTO so it is very much an actual rebuttal.
Try defending a WTO subsidies dispute with "Whataboutism!" And see how that goes.