cross-posted from: https://hexbear.net/post/2543543
hadn't seen these put into a single image yet
this post was submitted on 17 May 2024
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United States | News & Politics
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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.