Comment by riku_iki
4 hours ago
> This is just going to hurt US car manufacturers. Tarriffs are rent seeking.
tarriffs are visible protective regulation, China protects its domestic markets through different type of regulations for decades.
4 hours ago
> This is just going to hurt US car manufacturers. Tarriffs are rent seeking.
tarriffs are visible protective regulation, China protects its domestic markets through different type of regulations for decades.
And now Chinese people can buy higher quality products for cheaper than Americans can.
there are many unclear assumptions before we come to such conclusion:
- does product have higher quality?
- is it cheaper, given there is no proven reliability track record for Chinese automakers, meaning maintenance cost could be very high
- if production is subsidized by government incentives or cheap labor, Chinese consumer pay high price, its just money flows on other channels