| ▲ | StopDisinfo910 3 hours ago | |
> They over produce with suppressed wages, currency exchange rate, and government subsidies I mean, so does Germany. Technically, the USA only has the massive subsidies part since the IRA came to be but they also have tariffs so, not doing too bad distortion-wise. At this point in time, pretty much everyone is already defending their industries. China is just playing its cards better than the others and with a head start when it comes to EV. | ||
| ▲ | ericmay 3 hours ago | parent [-] | |
Tariffs aren’t the same thing as suppressing wages, overproduction, government subsidies, and managed currency to prevent deflation. In the case of the US with respect to China they are mostly a retaliation to the above anti-competitive practices. But I hear you on who is playing their cards better. I don’t think China is playing theirs very well. They pissed off both the US and EU, and even Mexico is enacting tariffs on Chinese products. American and European countries are taking action to stop Chinese anti-competitive practices. Nice factories you have there, too bad there’s nobody to sell those products to. I also don’t know what you mean when you say for example the US and Germany are suppressing wages. I’m interested in what you mean by that specifically. | ||