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GreatSquare, in Biden announces new tariffs on Chinese EVs, semiconductors, solar cells and more

The frog boils itself now?

Cheap solar and semiconductors will reduce the cost of manufacturing in US. Energy and chips are inputs to actually producing stuff that companies charge a lot more for.

Car tariffs is somewhat understandable.

TowardsTheFuture, in Biden announces new tariffs on Chinese EVs, semiconductors, solar cells and more

Funny part is even at double the cost these cars can probably compete because they’re then what, the price of a Tesla and 5x the quality of Tesla?

RedClouds,

Yeah, when I saw their cheapest car was $10,000 and that would get raised to like 22 grand. I’m thinking that most people would probably still take that over a Model 3 haha

darkcalling, in Biden announces new tariffs on Chinese EVs, semiconductors, solar cells and more

Decoupling happening.

Only question is whether the west will actually manage to incentivize the creation or movement of means of production to replace this tariffed production from China. Certainly there are forces in India that would like to take on this role though the level of corruption and other endemic issues like lack of reliable utilities in many areas there and incomplete transport networks, etc makes it an uphill climb. With enough free money and subsidies it’s possible I suppose given a few years even in the west. In the end succeed or fail this will hurt Chinese exports a bit, hurt US workers who purchase these things and have to pay massively more whether because of tariffs or higher costs from reshored production. At the end of the day this is shooting the foot efforts to mitigate climate change because this will lessen the appeal of moving to green energy, EV’s, etc and it’s pretty predictable at the end of all these high prices Republicans (bad cop) will come in, declare the whole thing a failure and gut the subsidies leading to shrinkage of the whole industry and its usage in the west to being a kind of luxury thing.

So not only is Biden abetting genocide in Gaza, he’s pushing full steam ahead for full-scale eco-cide and the worst climate outcomes. China should really just gut-punch the US already, slap up a total stoppage on things and crash the US economy into the ground. US politicians are already badly hurting the proletariat with these moves and inflation so it would be a matter of getting very bad fast rather than slowly.

felipeforte,
@felipeforte@lemmygrad.ml avatar

Only question is whether the west will actually manage to incentivize the creation or movement of means of production to replace this tariffed production from China.

They won’t, unless they abandon the neoliberal model and allow the rate of profits to substantially decrease

cfgaussian, in Yellen was stumped by the question: Is it possible we’re just being outcompeted by the Chinese in those (electric vehicles, batteries, all of those things.)

Is it possible we’re just being outcompeted

The answer appears to be a resounding yes, even according to western reporters:

“I Went To China And Drove A Dozen Electric Cars. Western Automakers Are Cooked”

Sodium_nitride, in Yellen was stumped by the question: Is it possible we’re just being outcompeted by the Chinese in those (electric vehicles, batteries, all of those things.)

I am really worried that the Chinese leadership might buy into this nonsense and try to reduce the savings rate. That is the exact opposite of what China needs. As the productive forces develop, developing them further takes even more effort as you have to take on even more challenging projects while also maintaining the productive forces already developed. It is precisely because the liberal economies stopped accumulating that they have degenerated.

yogthos,
@yogthos@lemmygrad.ml avatar

I doubt it, China can see what’s happening with western economies right now just like everyone else, and it doesn’t take a genius to realize that western advice isn’t worth the paper it’s written on. Furthermore, having savings is obviously important when the global economy is headed for turbulent times, without savings there’s no ability to amortize economic impact of a downturn. So, I think there’s zero chance that China would start cutting their savings rate nw.

AcidLeaves, in Three U.S. wars threaten World War Three: $95 billion targets Palestine, Iran, Russia and China

It’s actually so crazy how in just very recent years, we can clearly see what the division will be for World War III

Incredible too because US could’ve realistically had so many countries who are now 100% going to be China’s allies be neutral or possibly even on America’s side

nocturnedragonite, in America Has No Idea What a Ukraine 'Victory' over Russia Looks Like
@nocturnedragonite@lemmygrad.ml avatar

Honestly this is why it’s so funny, they keep saying how bad things will be if Russia wins, but they haven’t at all explained aside from “well Putin will attack NATO” despite them publicly saying numerous times that they have no intention or interest in attacking NATO.

Russia’s goals have been pretty clear since the beginning of the SMO, primarily to protect the citizens of the Donbass and to root out Nazism that permeates Ukrainian society. It’s never once been about land or resources, which the West actually invades for. Since they’re obviously projecting, they don’t know what to do because it’s not what Russia is actually doing.

nephs, in Why America's Military Is Physically Falling Apart

It feels like it applies mostly to everything free market capital, venture capital and investors touch.

When bankers get hold of engineering space, bullshit flies everywhere, and important stuff is neglected for short term gains, modernization salespitch in mediocre PowerPoint presentations, and long term rigidity and decay for everything existing.

PostingInternational, in 🤡Blinken🤡 discovers a genocide, just not the one his regime is aiding and abetting, turns out the actual genocide is not in Gaza it's in Xinjiang.

Singaporean ex-diplomat said in one video…paraphrase: “The US is famous for 2 things, hating the Chinese and the Muslims. Now you expect us to believe they care so much about Chinese Muslims???” (laugh)

GlueBear, in 🤡Blinken🤡 discovers a genocide, just not the one his regime is aiding and abetting, turns out the actual genocide is not in Gaza it's in Xinjiang.

Why won’t China just sanction his ass? Literally just sanction him and say that he’s already supporting genocide

azanra4, in 🤡Blinken🤡 discovers a genocide, just not the one his regime is aiding and abetting, turns out the actual genocide is not in Gaza it's in Xinjiang.
@azanra4@lemmygrad.ml avatar

wow check out this fun genocide travel vlog in Xinjiang ✌️🤪! watch to see ebil ccp oppress the poor yogurt people ☹️. did you know westerners can just go there and see for themselves without any special permit? This guy is German and went visa-free. Cw: mosques, halal food, bazaars

AmerikaLosesWW3, in 🤡Blinken🤡 discovers a genocide, just not the one his regime is aiding and abetting, turns out the actual genocide is not in Gaza it's in Xinjiang.

They’ve been genociding Muslims for years now, why do they suddenly care about Uyghurs in China?

XeroxCool, in Trump claims Black Americans relate to his criminal prosecutions

Dodging STDs was his personal Vietnam, his indictments make him understand being black, and his trials are as bad as Navalny’s. Amazing. I’m almost surprised he hasn’t pulled the “once I had a daughter I suddenly understood what women go through (without acknowledging he himself put women through it)” card, but I guess we already knew he wanted to fuck his baby daughter with her sexy baby legs.

Seasoned_Greetings, in Source Who Revealed How Taxes Steal for the Rich Rewarded with Five Years in Prison

Every one knows this. Supposedly whistle blower protections exist, but if you ever actually blow the whistle on something structural to the system, you’ll be lucky if you just end up with a few years in prison.

davel, in Source Who Revealed How Taxes Steal for the Rich Rewarded with Five Years in Prison
@davel@lemmygrad.ml avatar

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