Interesting word choice. China wants to “dominate”, the US wants to “lead”.
You can’t say the quiet part out loud.
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.
also Biden 🤡
Trump tariffs were too small.
That’s right, Joe knows how to protect the interests of American oligarchs much better than that charlatan.
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?
.
F. I’m trying to buy solar panels right now and China has some good ones.
The real question is, what percentage of the product that they export is purchased by Americans? Because if that percentage is really low, it turns this into performance politics. Especially the one-upping of Trump’s economic war on China. The problem there of course being that it won’t make any difference; Biden’s never going to win over a Republican. What he needs to do is lean into the left harder so that he ensures a higher turnout. But he’s not going to, he’d rather stay his old-ass course, and risk plunging our country into a tyrannical totalitarian nightmare. I mean a worse one than it already is. You should be worried more about inflation, women’s rights, and not feeding weapons to Israel. But our country has an insane “Christian” hard-on for Israel so that’s not going to happen.
And by inflation I’m referring to everyday household products and food, not the stock market. People don’t care how good the stock market is doing when not only do they not have a direct stake in it, but even basics like food cost too goddamn much.
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.
If people can afford to commute to office jobs in 5,000lb trucks the gas prices aren’t high enough.
Every time someone brings up gas prices I’mma just be like: “you know where the cheapest gas prices are? Electricity.”
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.
Heezul Schneezul, the future is diesel.
Disease-al
nice now the all the cartels will start wheeling and dealing cpus and evs woo woo…
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
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
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.
Can someone explain to me how tariffs help us? Couldn’t I buy a Chinese EV cheaper if there were no tariffs.?
Tariffs raise the price of affected goods allowing local suppliers to grow their business and fill the gap. A lot of countries looking to industrialize will institute tariffs to protect their industry so it can grow enough to compete with foreign companies. In our case it’s putting the cart before the horse; our domestic industries are currently unable to supply domestic needs (remember the “logistics” issue at the beginning of COVID?) and several of these goods require specialist knowledge to produce, so it’s not like we can just open a couple factories. Which is the other thing- companies might not invest in new factories as these tariffs could go away tomorrow and it takes time for factories to be built and then to even start producing goods. If the tariffs goes away before anything new is ready they will just shut down.
It doesn’t help you.
It helps Elon.
Yeah. That was my biggest gripe actually 😆🫠
Yeah but they dont want you to buy Chinese EVs, this essentially pushes non-chinese EVs (so US-made or ones from Europe)
Correct. If there were no tariffs, you could buy a chinese EV for cheap. In this case for so cheap that the domestic US/Non-Chinese market cannot compete. So in order to protect these markets, the product needs to be made artificially more expensive with tariffs. This way, the domestic markets have a chance of competing.
However, this also isolates the country and provokes retaliation from the other side. This usually results in both sides sabotaging their trade relations with each other (for ex. with tariffs) which is called a trade war.
I would be surprised if China cares too much, there is the rest of the world that needs small cheap EVs and solar panels. But they must do something as response, that’s diplomacy.
I also don’t see the problem to put tariffs to protect domestic products, sometimes it is necessar, but prohibiting completely is not cool.
We have a number of subsidies for domestic EV production. That will all be a waste if China’s subsidized EVs undercut the domestic market. This is consistent with a broader effort to boost domestic manufacturing. While at odds with efforts to promote the adoption of green technologies, the administration is trying to strike a balance between competing interests, in this instance balancing consumer access to green tech with job growth, domestic manufacturing, and less reliance on China for critical technologies.
That’s not how you ensure America leads the world in them. That’s how you ensure corps feel safe not doing shit to innovate anymore. This is just another form of a bailout.
Doesn’t China subsidize what they export on top of having cheap labor? In that case a free market argument cannot really be made. The innovation in the US or elsewhere would have to be extreme shifts to compete.
Idea of free market is that it’s better than a manage market. If there’s room for innovation, the free market will find it. Central planning leads to being risk adverse and exploiting inefficiencies to soak up government money. So if free market is your religion, you shouldn’t be bothered that China tries to plan their production instead. Cheap labour also doesn’t hold since the USA has historically been happy to have their companies contract labour from cheaper countries. So if you’re losing due to Chinese salaries, just hire Chinese people.
Also, China doesn’t subsidise any of these exports. Then they’d lose money, and they’re exporting to earn money. They subsidise R&D and domestic sales of things that’ll make domestic companies more productive and competitive.
Cheap labour also doesn’t hold since the USA has historically been happy to have their companies contract labour from cheaper countries.
There’s also all of our prison slaves (inb4 they’re not slaves because they get paid a few cents per hour).
Yes- it’s the United States
Didn’t they do the same for Japanese goods back in the day? Not sure it helped the American automotive industry.
As a hobbiest, I make things out of steel and aluminum. Can’t wait to pay more.
As a grammar and language hobbyist, I’m interested in your spelling of hobbiest. Shouldn’t such a word come up so often in your hobbyist communities that you know how to spell it by now?
Feels like someone living in Texas spelling it Texes.
Thank you for taking interest in the spelling in my post. My autocorrect kept changing things and I must have failed to properly proofread. I do, in fact, know how to spell the word. As a human, I am prone to errors from time to time. I apologize for this.
Since grammar and language are your hobby, I would suggest you spend less time online, as correcting the rampant errors in language and grammar must consume a great deal of your time. I would also like to point out that there are many people online for whom English is a second language.
Words aren’t real, we can spell them however we want. Don’t be weird.
You adipisci voluptas wut m8? Rerum omnis distinctio eos aliquid. Asperiores quis illo rem est. Rerum voluptatem ipsa assumenda eum eos est. Voluptas quaerat optio ab eos in eos. Error et et quidem consequatur saepe. Magnam ab et at velit voluptatem illum aliquam sapiente. Sapiente!!
Romanes eunt domus. Et prescriptive grammarians can eunt the fuck domus, too.
cringe
So you agree words are real and spelling matters?
I just find it odd such a basic blatant spelling mistake was made while this situation is unfolding and being astroturfed to hell.
You wouldn’t think an astronomer would call themselves an astrologer by mistake – much higher chance someone selling fake pretty glass to tourists would say their crystals are good for astronomy.
Since we’re on the subject of spelling things out, I’m questioning the authenticity of the guy who spelled it hobbiest. He may have just made a spelling mistake, we all do it, but 1.) currently heavily astroturfed subject 2.) hobbyists use the word a lot.
being an insufferable prick and a conspiracy wingnut about people’s basic spelling mistakes seems like a really weird hobbie
All the astroturfing is pro tariff, while the genuine engagement is anti-tariff. Go shill somewhere else, glowy.
As a logic and math hobbyist, I’m wondering how you came to the following conclusions…
a) That they participate in an online community OR b) that speaking (in an offline community) would somehow help them to know how to spell the word
AND
c) That the word “hobbyist” comes up often in these communities
China is unfairly SUBSIDIZING green energy products. They must be stopped or DEMOCRACY will fall.
Pretty sure you’re being sarcastic, but just to be safe:
America massively subsidizes too… the difference between China and America is when China subsidizes an industry, prices for the good go down, and their market share expands. When America subsidizes an industry, prices go up and board members get richer.
The American business owners are salty that China is beating them at capitalism. And Biden has a strong track record of oppressing the people and standing up for the tyrants.
Chinese auto workers average less than $3 an hour. When an entire country pays everyone 10% of what US workers make, it gets really hard to compete.
However; fuck the 1 percenters. Bring back 1950’s taxes.
BYD assembly line workers make $40k US on average, where are you getting your numbers? And $40k in China is literally like having over $100k in the US in terms of buying power.
You can buy and have delivered fresh made food for $3 US. You can rent a studio in a large city for $250/mo including Internet (250mbps) and utilities. How do I know? My wife lives and works in China, in a 20m person city center, and pays exactly that.
Min wage varies across provinces, but on average it’s about ¥30/hr, or about $4.15/hr. So no, electric car workers aren’t making $3/hr. They’re making more than my wife, and she’s making more than that. She also has guaranteed sick time built in on a federal level, triple overtime for working on holidays(which they have more of than we do), and they just passed a law mandating workers democracy in all public and private companies that will be implemented soon. I hate when people talk out their ass about things they have no idea about.
While I agree that worker wages and safety protections are shit in China, one thing nobody mentions when they compare wages is the fact that Chinese people are given free healthcare and affordable housing.
93 percent of Chinese citizens own their house. They also have a low retirement age. So there are some things that kind of make up for the shit wages and toxic workplace in China.
I still think its pretty terrible to be lower class over there, but I don’t think its really any more terrible than it is to be lower class in America, honestly.
Have you not seen where and how the iPhone factory workers live? We got prisons that look more homely.
Have you not heard of american prison labor?
Are you talking about the Foxconn factory with the suicide nets in Taiwan (which I predict you consider an independent country from the mainland)?
Have you not seen where and how the iPhone factory workers live? We got prisons that look more homely.
A very burger comment straight delivered out of CIA ovens
That’s 3 dollars an hour with all social services and human needs met.
American auto workers might make 20 dollars an hour, but life costs 22 dollars an hour, and if you aren’t in the auto union, you’re fucked.
Agreed, Tax the rich, limit C Suite income, regulate rent/property prices, limit profit margins on food, lower interest rates, give actual universal Healthcare, and watch America stomp China in the industry.
Do none of that and stagnate the spread of green technology to make the riches even richer and you are DC.
Complaining about Chinese people being guaranteed food, shelter, and Healthcare, and that system yielding cheap green technology is counter productive.
Man what a fucking idiot.
Trump can’t campaign so Biden’s doing his job for him.
Steel I get. That’s an environmental issue since US creation is way more carbon friendly. However the rest makes no sense without an announcement in domestic investment that is pulled from currently used non-environmental budgets.
And did that money go directly into production?
Or did it pad some folks pockets?
yes
Here’s some highlights from the sources I put in the original comment since you can’t be asked to open them…
Clay, New York: Funding will support the construction of the first two fabs of a planned four fab “megafab” focused on leading-edge DRAM chip production. Each fab will have 600,000 square feet of cleanrooms, totaling 2.4 million square feet of cleanroom space across the four facilities—the largest amount of cleanroom space ever announced in the United States and the size of nearly 40 football fields.
Boise, Idaho: Funding will support the development of a high-volume manufacturing (HVM) fab, with approximately 600,000 square feet of cleanroom space focused on the production of leading-edge DRAM chips. The fab would be co-located with the company’s existing, leading-edge R&D facility to improve efficiency across its R&D and manufacturing operations, reducing lags in technology transfer and cutting time-to-market for leading-edge memory products.
at least $40 million in dedicated CHIPS funding for training and workforce development to ensure local communities have access to the jobs of the future.
the U.S. Department of Energy (DOE) through its Loan Programs Office (LPO) today announced the closing of a $362 million loan to CelLink Corporation (CelLink) to help finance the construction of a domestic manufacturing facility that will produce components essential to electric vehicle (EV) assembly. Located in Georgetown, Texas, the facility will develop lighter and more efficient flexible circuit wiring harnesses—sets of wires and related equipment that relay information and carry electricity throughout vehicles. Once fully operational, the facility is expected to produce enough wiring harnesses to support the manufacture of approximately 2.7 million EVs per year and create 165 construction jobs and more than 1,200 permanent jobs.
The official source for the solar for all does have a broken link which is supposed to direct you here where it explain each of the 60 grants that were issued.
To awnser your question, production.
It’s cool how you just take them at their word.
But my point is that none of this is being done efficiently. Instead, middlemen siphon money from the project to pad their pockets and stretch out the timelines for completion. I won’t be surprised if some of these projects go over budget, over time, or need additional funding.
Wake me up when these projects complete. Then we can look at how much they really cost and how long it really took and how much they really produce.
Love how you slide them goalposts around
The money does not go directly to production, that’s the goal post. It goes through a dozen people’s hands before the ground is ever broken on one of these projects, and every one of those hands takes their cut to pad their pockets. That was my point.
Located in texas isnt likely to sit well with baron von abbott and his henchmen
This is helpful, thank you.
Wait we gave the Auto industry money for EVs and 50k SUVs were the result? Holy shit, that’s right up there with giving 4 billion to the telecoms for no actual network expansion.
Pretty sure the steel tariff is a bad thing too. There are certain grades of steel that just aren’t produced in the US. People threw a fit over it when trump did the same thing.
America can’t compete with China and American corps cried for daddy.
Oh we could but then the executive class would have to forgo their 8th Yacht.
so u cant because the “executive class” (capitalist they are called capitalist) control everything, u theoretically COULD if u had a revolution but u CANT.
The free market in action.
The free market inaction
FTFY
The innovation will be bred any minute now
