109
Chinese EV makers won’t get subsidies from Mexico after US pressure
(arstechnica.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 18 Apr 2024
109 points (98.2% liked)
World News
38563 readers
2698 users here now
A community for discussing events around the World
Rules:
-
Rule 1: posts have the following requirements:
- Post news articles only
- Video links are NOT articles and will be removed.
- Title must match the article headline
- Not United States Internal News
- Recent (Past 30 Days)
- Screenshots/links to other social media sites (Twitter/X/Facebook/Youtube/reddit, etc.) are explicitly forbidden, as are link shorteners.
-
Rule 2: Do not copy the entire article into your post. The key points in 1-2 paragraphs is allowed (even encouraged!), but large segments of articles posted in the body will result in the post being removed. If you have to stop and think "Is this fair use?", it probably isn't. Archive links, especially the ones created on link submission, are absolutely allowed but those that avoid paywalls are not.
-
Rule 3: Opinions articles, or Articles based on misinformation/propaganda may be removed. Sources that have a Low or Very Low factual reporting rating or MBFC Credibility Rating may be removed.
-
Rule 4: Posts or comments that are homophobic, transphobic, racist, sexist, anti-religious, or ableist will be removed. “Ironic” prejudice is just prejudiced.
-
Posts and comments must abide by the lemmy.world terms of service UPDATED AS OF 10/19
-
Rule 5: Keep it civil. It's OK to say the subject of an article is behaving like a (pejorative, pejorative). It's NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
-
Rule 6: Memes, spam, other low effort posting, reposts, misinformation, advocating violence, off-topic, trolling, offensive, regarding the moderators or meta in content may be removed at any time.
-
Rule 7: We didn't USED to need a rule about how many posts one could make in a day, then someone posted NINETEEN articles in a single day. Not comments, FULL ARTICLES. If you're posting more than say, 10 or so, consider going outside and touching grass. We reserve the right to limit over-posting so a single user does not dominate the front page.
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
Lemmy World Partners
News !news@lemmy.world
Politics !politics@lemmy.world
World Politics !globalpolitics@lemmy.world
Recommendations
For Firefox users, there is media bias / propaganda / fact check plugin.
https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
- Consider including the article’s mediabiasfactcheck.com/ link
founded 1 year ago
MODERATORS
I fucking love freedom and the free market 🦅🥲
To be fair, this is denying government subsidies, which is more of a free market than giving subsidies. This is especially true for Chinese companies, since they are by definition state-owned.
This is US car companies using their paid off politicians to make the US pressure another country into not making a deal that would increase competition in that market to their detriment .That's many layers of fuckery deeper.
Is it that if they're just blocking the vehicles that are subsidized? Let's see what these EVs sell for without the Chinese government paying half the production costs.
If they're blocking subsidized vehicles they'd have to block US companies
The subsidies in the US apply to companies of any nationality. The subsidies from China only cover companies controlled by the Chinese government.
Everything you said is true, except you are missing the context that this is for-profit US car companies not wanting to compete against state-owned car manufacturers who get all of their money from China and can take huge losses in order to outsell for-profit, private entities.
Except every other company gets subsidies, so this is specific and not "fait market".
The current fair market for EV manufacturers includes getting a buttload of incentives from governments.
There can be no market that is both "free" and "fair"
For a market to be fair there needs to be constraints in the right places
In this case the lack of constraints sufficiently restricting the ability for companies to pressure (read as bribe) politicians to push for a lack of subsides for specific sectors of an industry
The key word there is "company." Chinese car manufacturers are not companies, they are the state-owned entities.
These vehicles would also be eligible for those subsidies if they meet the criteria of being assembled from mostly North American parts. You're comparing subsidies available for every company meeting certain criteria (even these Chinese companies) versus subsidies available only to those companies owned by the Chinese government.