This is it. This is the one that cements Americas decline into the annuls of history. All because of the Biden administration and the Dems. I will never vote for a dem as long as I live (I have never voted but still)
between this and… every other goddamn thing, i have to imagine the democrats are actually aiming for the “30,000 voter election” that the chapo guys were joking about a couple years ago
edit: also while the EV and solar tariffs are really really bad from a climate change perspective, increasing steel tariffs to 25% when china produces well over 10x as much steel as the US feels practically suicidal from an industrial perspective too. what the fuck are they hoping to achieve here?
To bolster domestic production. The problem with that idea is Americas infrastructure could not handle the increased load. You’d have to practically rebuild the country.
Honestly the next time I need a car I might still try to get a Chinese EV. Even with the tariffs they’re still cheaper than the (massively inferior) American equivalents, even ignoring the fact that this will likely hit EV battery imports that American manufacturers rely on to make their EVs in the first place.
Part of my job is ordering construction materials for large projects, and the cost of things like utility poles (to mount streetlights or traffic signals) has doubled in the last year. I was paying $1,400 a pop last year and $2,800 each now, due in large part to tariffs and BABA
We’re making Soviet rockets illegal going forward! Going to the moon would be hard, so we’re making it easy! We will not be taking any questions—God bless America!!
The adults the room™ used to say the free market would solve climate change because eventually green energy would become cheaper and then it would be widely adopted. Now the price has fallen and they’re slapping tariffs
Such an L even from a neoliberal point of view. The US is an advanced manufacturer, those are our inputs. Nations that are dominated by resource extraction get into a rut because they fundamentally can’t match the productivity of economies that are creating the final end goods, because that’s where most of the profit comes from. The sellers of inputs can only ever match the profit rate of the final good it’s used for. The US is obviously not going to have a resurgence of production of steel, aluminum, solar panels, and semiconductors, so this is just going to end up tanking every sector that uses them. It’s just the worst of the nudge-based economic brainworms taken to it’s logical extreme.
I will laugh when libs come out majorly in favor of this move by Biden, but then as soon as Trump is president and talks about or does the same thing, they’re suddenly going to be like ohnoes
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