Comment by ekianjo
3 hours ago
Protecting automakers can be considered a vital business for national security. This is not good for consumers, but relying on China for everything also carries many risks.
3 hours ago
Protecting automakers can be considered a vital business for national security. This is not good for consumers, but relying on China for everything also carries many risks.
If China could sell it's cars here, it would spur American automakers to innovate, no? Government protectionism causes complacency
It's a balance. If a country is investing severely in a specific industry you can either tax them out of your swamp, counter invest in your industry or, realistically, do a mix.
It'd be difficult to compete with companies receiving large gov assistance without gov assistance and I find taxing them slightly safer than making it rain on specific people/companies.
It definitely worked in the past with Japanese cars.