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AP: US automakers & politician trembling with fear, of China cheap knock-off EV
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touristking
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Jun 5 2024, 08:48 AM
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QUOTE(hksgmy @ Jun 4 2024, 09:08 PM) Yes, and if they can’t beat you, they’ll sanction the flying fucuk out of you. Or better still, export democracy to your shores. They have a very strong military to make sure you do what they wanted. Iraq. Libya.
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hksgmy
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Jun 5 2024, 08:51 AM
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QUOTE(touristking @ Jun 5 2024, 08:48 AM) They have a very strong military to make sure you do what they wanted. Iraq. Libya. But to be honest, the American car industry is a sunset industry due to poor innovation and high labour costs.
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touristking
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Jun 5 2024, 08:59 AM
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QUOTE(hksgmy @ Jun 5 2024, 01:51 AM) But to be honest, the American car industry is a sunset industry due to poor innovation and high labour costs. The demise of US car industry is self inflicted. They ban China steel to protect US steel factories. So cost to their auto industry increases. Their worker union were asking for 46% pay increase in 2023. So cost goes up further. They seem to have a death wish.
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hksgmy
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Jun 5 2024, 09:01 AM
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QUOTE(touristking @ Jun 5 2024, 08:59 AM) The demise of US car industry is self inflicted. They ban China steel to protect US steel factories. So cost to their auto industry increases. Their worker union were asking for 46% pay increase in 2023. So cost goes up further. They seem to have a death wish. But they’d rather cut off the nose to spite the face… Instead of making themselves more competitive, they try to make their competitors more expensive. It’s the American people that end up paying more for everything. But they deserve the government they voted for.
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touristking
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Jun 5 2024, 09:04 AM
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QUOTE(hksgmy @ Jun 5 2024, 02:01 AM) But they’d rather cut off the nose to spite the face… Instead of making themselves more competitive, they try to make their competitors more expensive. It’s the American people that end up paying more for everything. But they deserve the government they voted for. same reason so many people voted for Tun as PM the 2nd time and see what happened?
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hksgmy
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Jun 5 2024, 09:08 AM
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QUOTE(touristking @ Jun 5 2024, 09:04 AM) same reason so many people voted for Tun as PM the 2nd time and see what happened? Haha. I read you loud and clear but better let this thread get back on track and not deviate further.
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EnergyAnalyst
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Jun 5 2024, 10:34 AM
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https://eastasiaforum.org/2024/06/02/biden-...onomic-history/One thing for sure is both Bidennand Trump incidentally the oldest Presidents in the recent years will go down in history for reviving a 100 year old measure of imposing such tarif (No, it did not start with Japanese, it started against Germans)
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