That is (factually) a giant overstatement, and ignores domestic US politics.
It's almost like you believe the US remains interested in promoting free trade.
If it did, it wouldn't be levying illegal and constantly changing import tariffs, in violation of international trade agreements that it has signed up to.
I'm waiting for one of these "no you're wrong" comments to explain why it is that I'm wrong. I get that I didn't provide evidence either, but I'm relating the conventional wisdom on BYD-type cars. The C.W. is often wrong! But, like, you have to say why.
I read up on it, and it's not clear to me that it's actual dumping.
As in "selling below the cost of production".
I would say that China is trying to steer the car makers away from competing locally, as it's going to result in a price war. But that's not quite dumping per se.
"Dumping" is a term of art in international trade.
It's the thing that happens when a foreign exporter sells goods in your country below their production cost (or far below what they're charging domestic customers). It's done to fuck up the foreign markets for those goods, or, in China's case, as a relief valve for malinvestment.
China drastically overfunds EV production. There's a whole weird story where provinces apparently competed to get slices of the EV production business, which resulted in a large number of competing firms, producing far more vehicles than the Chinese domestic market could consume.
This isn't just a US thing. Europe tariffs the heck out of these cars.
You can't buy Chinese EVs in the US because China is overtly running a dumping campaign for them. It's an interesting story, read up on it!
That is (factually) a giant overstatement, and ignores domestic US politics.
It's almost like you believe the US remains interested in promoting free trade.
If it did, it wouldn't be levying illegal and constantly changing import tariffs, in violation of international trade agreements that it has signed up to.
I'm waiting for one of these "no you're wrong" comments to explain why it is that I'm wrong. I get that I didn't provide evidence either, but I'm relating the conventional wisdom on BYD-type cars. The C.W. is often wrong! But, like, you have to say why.
I read up on it, and it's not clear to me that it's actual dumping.
As in "selling below the cost of production".
I would say that China is trying to steer the car makers away from competing locally, as it's going to result in a price war. But that's not quite dumping per se.
Wait - what?
You cannot buy them because they are dumping them??????
"Dumping" is a term of art in international trade.
It's the thing that happens when a foreign exporter sells goods in your country below their production cost (or far below what they're charging domestic customers). It's done to fuck up the foreign markets for those goods, or, in China's case, as a relief valve for malinvestment.
China drastically overfunds EV production. There's a whole weird story where provinces apparently competed to get slices of the EV production business, which resulted in a large number of competing firms, producing far more vehicles than the Chinese domestic market could consume.
This isn't just a US thing. Europe tariffs the heck out of these cars.
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What an utterly ignorant statement.