Related:
Trump’s attacks on Chinese cars strike a chord — with both parties
“Ohio knows all too well how China illegally subsidizes its companies, putting our workers out of jobs and undermining entire industries from steel to solar manufacturing,” Brown said in a statement. “We can’t wait for China to run this same playbook in the auto industry — we need strong rules, including but not limited to tariffs, to stop a flood of Chinese electric vehicles that threaten Ohio auto jobs.”
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He said the average price gap between a Chinese vehicle and its U.S.-made counterpart ranges from 44 percent to 179 percent. “That is a massive gap,” the executive said. “Tariffs alone aren’t going to take care of that.”
Reuters: Mexico yields to US pressure on incentives for Chinese car makers
He said that such incentives have declined during the government led by President Andrés Manuel López Obrador, who took office in late 2018, although they have been offered to large investors such as Audi.
Hypocrisy, Thy Name is the United States:
U.S. to reportedly announce billions of dollars in subsidies for advanced chips
Bush bails out U.S. automakers, Dec. 19, 2008
[2008] General Motors: The death of the auto industry in Wisconsin
Over the last two decades, according to Robson’s office, the state of Wisconsin has provided GM with nearly $34 million in subsidies. This includes an $8.25 million check presented by Gov. Tommy Thompson to CEO Roger Smith in 1990. The previous year, GM had posted profits of $4.8 billion.
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As a token step toward ending dependence on petroleum, GM developed an experimental electric car called the EV. But as the makers of the documentary film Who Killed the Electric Car? persuasively argue, GM undermined the car’s potential popularity, failed to make available improvements on the EV prototype, and finally repossessed and destroyed every EV in existence.