also Biden 🤡
This is the top response on Twitter now.
I’m surprised they haven’t deleted it, but I guess that would be even more embarrassing since it’s already archived.
I assumed this one was satire, is that a real tweet?
Trump tariffs were too small.
That’s right, Joe knows how to protect the interests of American oligarchs much better than that charlatan.
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We can’t let stopping climate change get in the way of capitalism!
That’s protectionism, not capitalism.
Tomato, tomato. The free market is a myth, there is no part of the economy that goes without manipulation. Anytime business owners can’t directly manipulate the market themselves they bribe governments to do it on their behalf.
I don’t think anyone is arguing that a pure free market exists.
Having a capitalist economy doesn’t mean that you have a pure free market anyway.
Although there are libertarians that would like to have a free market like that, every capitalist economy has regulations in place in an attempt to prevent monopolies and/or businesses having too much power in one area.
That’s no true Scotsman.
No, protectionism exists outside of capitalism and even somewhat goes against the idea of capitalism, especially the free market kind.
That’s theoretical capitalism, in practice there is no free market.
That’s no true Scotsman.
Bait or brain damage. Call it
Interesting word choice. China wants to “dominate”, the US wants to “lead”.
I mean, of course there’s loaded language in all this. Are you also surprised at the language and rhetoric used by Chinese government and media sources when they talk about the US?
I don’t tend to see that stuff, but I wouldn’t be surprised.
You can’t say the quiet part out loud.
So end H1B visas and refocus tax dollars on infrastructure and education you fucking prick.
This is what we needed to encourage the fascist Biden vote!
It will do wonders!
What a fucking joke. Why are we expected to take these people seriously? Communism will win, Death to America.
Swiggity swooty the oil lobby is coming for your booty
Funds raised will be used to offset further increases in subsidies to the domestic oil industry
In all honesty they could use this tax and an extra oil tax to subsidise the shit out of solar and EVs
Yeah, except everyone has had it beaten into them - nobody fucks with gas prices.
Every news outlet in the country runs the same news segment practically daily - “Let’s complain about gas prices”. We’ve somehow made it the subject of basically nonstop discussion.
I mean, there is a case for discussing gas prices since it’s the price of mobile energy for everything from tractors to trucking to electricity. The gas price, specifically crude oil price, used to be synonymous with energy prices so any increase in oil price would mean a major hit to cost-of-living increases.
It’s outdated as hell.
Every time someone brings up gas prices I’mma just be like: “you know where the cheapest gas prices are? Electricity.”
If people can afford to commute to office jobs in 5,000lb trucks the gas prices aren’t high enough.
Heezul Schneezul, the future is diesel.
Disease-al
This is the trumpiest shit ever.
Well, we have targeted a few industries, particularly clean energy, electric vehicles, batteries, renewables, where we’re not trying to dominate the globe and be the only country in the world that supplies these goods.
Janet Yellen
I’m determined to ensure that america leads the world in them
Joe Biden
make up your mind ghouls
A tariff on imported goods to USA doesn’t affect global market of other countries importing Chinese goods you fucking genius.
All those cars and solar panels that Chinese companies counted on selling in the US must go somewhere. Every other country in the world (excluding the EU, although to a lesser extent than the US) isn’t hell-bent on sanctioning China, their production will be just redirected elsewhere.
And since the US, biggest net importer in the world, just stopped… importing, there will be more goods sought after by less money, AKA more supply (old supply + goods that can’t profitably be sold in the US anymore) but less demand (since the US just passed these new tariffs) and as you know, this is gonna make prices fall, maybe not a drastic fall but still.
It reduces competition for Chinese goods, making them cheaper and more accessible to less rich countries.
This is basically a self imposed embargo that will ensure that we are outside observers to a world that is rapidly transitioning to renewable energy.
It will also be part of financial handouts to underperforming US tech companies
F. I’m trying to buy solar panels right now and China has some good ones.
Man what a fucking idiot.
Trump can’t campaign so Biden’s doing his job for him.
You want Amerikkka to lead maybe subsidize EVs as well?
Why can’t we all win? (Ide rather bus/rail and walkable cities)
The US government does subsidize EVs (it’s the only reason Tesla can exist, for instance), the problem is that all their subsidies just get used for stock buybacks. Why would a privately-owned company actually create more factories? That’s just not profitable.
The most rational system.
The government does subsidize EVs.
Additionally even used EVs are subsidized.
Between federal and state tax credits, as well as utility company rebates, my folks just got over 5k back for a used Nissan leaf. They were able to trade in their old clunker, netting a profit of a few hundred dollars to upgrade to a practical used EV.
What a bell-end. Maybe instead of tariffs the US should begin vesting in education, job training, and research into these sectors so it can compete instead of trying to hobble the competition in the domestic market. This is just protectionism by a different name
That takes too long, Ford wants money now
hell yea FUCK the environment lmao