It is prudent for those that own the means of production.
Comment on Biden really, really doesn’t want China to flood the US with cheap EVs
BombOmOm@lemmy.world 6 months ago
China is becoming an increasingly unreliable trade partner. Preventing them from completely taking over a segment is prudent.
TheReturnOfPEB@reddthat.com 6 months ago
BombOmOm@lemmy.world 6 months ago
German industry is in shambles right now as they allowed an unreliable trade partner, Russia, to completely take over a segment in the German economy (oil & gas). When that unreliable trade partner pulled the rug in 2022, suddenly Germany is paying out the ass for gas for LNG, reducing factory output, even on-lining coal plants to keep the lights on.
It is simply a bad idea to allow an unreliable trade partner to completely take over a segment in your economy.
Amoxtli@thelemmy.club 6 months ago
NATO sanctioned themselves. You don’t get to blame Russia for that.
Alto@kbin.social 6 months ago
Russia could've, y'know, just not done and illegal invasion of Ukraine.
Omniraptor@lemm.ee 6 months ago
Germany voluntarily divested from Russian gas for political reasons. If Germany was run by more “rationally greedy” business men I’m sure Russia would have happily kept trading with them despite the war. It’s probably why certain mysterious actors cut off nord stream 2, to make sure Germany’s moral compass would not falter in the future either
Amoxtli@thelemmy.club 6 months ago
Fossil fuels are the underpinning of industrial civilization. It was fossil fuels that made the industrial revolution possible, it wasn’t solar panels, and wind turbines, or heavy, giant batteries.
TheReturnOfPEB@reddthat.com 6 months ago
I doubt that UberEats drivers would be happy with that being called their economy.
Maggoty@lemmy.world 6 months ago
That’s apples and oranges. The German government pulled out of that sector of it’s own will. Largely because they had planned to transition to Nuclear, did not do so, and then did nothing going forward.
Letting Chinese cars compete is not going kill the big 3 unless they’re criminally negligent at rubbing ta business.
potatopotato@sh.itjust.works 6 months ago
Yes, but there’s already a steep tariff, it would be nice to let them light a small fire under the us automakers so they make better products for us, instead were kinda just letting them be evil and lazy.
Blackmist@feddit.uk 6 months ago
But they don’t want to make better products for you. They want China to make products for you that they slap their badge on and sell you at an enormous mark-up.