Comment on 'Quit Or Accept Minimum Wage': Chinese Company's Ultimatum To 1000 Autoworkers As EV Sales Drop
eldavi@lemmy.ml 3 weeks ago
i wonder if this means that the american and western european tariffs on EV’s will work.
Comment on 'Quit Or Accept Minimum Wage': Chinese Company's Ultimatum To 1000 Autoworkers As EV Sales Drop
eldavi@lemmy.ml 3 weeks ago
i wonder if this means that the american and western european tariffs on EV’s will work.
circuscritic@lemmy.ca 3 weeks ago
Depends on what your definition of “working” is.
If it’s to damage China’s EV producers, then yes, they’ll work.
If it’s to promote sales of domestically produced EVs, then probably a bit, although to what degree is unknown.
gravitas_deficiency@sh.itjust.works 3 weeks ago
The goal is to stop China from trying to own the EV market, which is what they’re trying to do by subsidizing export production.
Subsidizing export production is VERY different from subsidizing domestic production. The former is a type of economic warfare; the latter is a domestic policy mechanism. I know it’s nuanced but there is absolutely a meaningful difference.
circuscritic@lemmy.ca 3 weeks ago
That is their publicly stated goal, but that doesn’t mean it’s the policies true objective, or it’s only one.
I’m not providing any moral, or value, judgement on any of this, nor am I claiming to know what went on inside the halls of power when crafting this policy that isn’t public knowledge.
I’m simply stating that there are many “objectives” that this policy might be intended to achieve, other then what’s been promoted.
eldavi@lemmy.ml 3 weeks ago
It never occurred to me that the tariffs could be for anything other than blocking off access to affordable EV’s to protect automaker profits; I guess Reddit has made me cynical
circuscritic@lemmy.ca 3 weeks ago
There are legitimate justifications for this type of protectionism, such as dumping and other predatory pricing schemes. Those are reasonable and legitimate concerns in this instance.
My point was that for a policy with so many vested and monied interests, it’s not unreasonable to consider that the policy makers might have alternative, or additional, policy objectives that they aren’t upfront about.