▲ 109 ▼ Chinese EV makers won’t get subsidies from Mexico after US pressure (arstechnica.com) submitted 2 years ago by jeffw@lemmy.world to c/world@lemmy.world 64 comments fedilink hide all child comments
[–] Zehzin@lemmy.world 35 points 2 years ago (1 child) I fucking love freedom and the free market 🦅🥲 permalink fedilink source hideshow 2 child comments replies: [–] dogslayeggs@lemmy.world 20 points 2 years ago (2 children) 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. permalink fedilink source parent hideshow 4 child comments replies: [–] Zehzin@lemmy.world 24 points 2 years ago* (3 children) 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. permalink fedilink source parent hideshow 6 child comments replies: [–] ShepherdPie@midwest.social 10 points 2 years ago (1 child) 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. permalink fedilink source parent hideshow 2 child comments replies: [–] Zehzin@lemmy.world 1 point 2 years ago (1 child) If they're blocking subsidized vehicles they'd have to block US companies permalink fedilink source parent hideshow 2 child comments replies: [–] ShepherdPie@midwest.social 2 points 2 years ago The subsidies in the US apply to companies of any nationality. The subsidies from China only cover companies controlled by the Chinese government. permalink fedilink source parent [–] dogslayeggs@lemmy.world 4 points 2 years ago 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. permalink fedilink source parent [+] Truth_Hurts@lemmus.org -1 points 2 years ago [removed by mod] permalink fedilink source parent [–] CaptainSpaceman@lemmy.world 8 points 2 years ago (3 children) 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. permalink fedilink source parent hideshow 6 child comments replies: [–] Gormadt@lemmy.blahaj.zone 5 points 2 years ago 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 permalink fedilink source parent [–] dogslayeggs@lemmy.world 2 points 2 years ago The key word there is "company." Chinese car manufacturers are not companies, they are the state-owned entities. permalink fedilink source parent [–] ShepherdPie@midwest.social 1 point 2 years ago 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. permalink fedilink source parent
[–] dogslayeggs@lemmy.world 20 points 2 years ago (2 children) 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. permalink fedilink source parent hideshow 4 child comments replies: [–] Zehzin@lemmy.world 24 points 2 years ago* (3 children) 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. permalink fedilink source parent hideshow 6 child comments replies: [–] ShepherdPie@midwest.social 10 points 2 years ago (1 child) 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. permalink fedilink source parent hideshow 2 child comments replies: [–] Zehzin@lemmy.world 1 point 2 years ago (1 child) If they're blocking subsidized vehicles they'd have to block US companies permalink fedilink source parent hideshow 2 child comments replies: [–] ShepherdPie@midwest.social 2 points 2 years ago The subsidies in the US apply to companies of any nationality. The subsidies from China only cover companies controlled by the Chinese government. permalink fedilink source parent [–] dogslayeggs@lemmy.world 4 points 2 years ago 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. permalink fedilink source parent [+] Truth_Hurts@lemmus.org -1 points 2 years ago [removed by mod] permalink fedilink source parent [–] CaptainSpaceman@lemmy.world 8 points 2 years ago (3 children) 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. permalink fedilink source parent hideshow 6 child comments replies: [–] Gormadt@lemmy.blahaj.zone 5 points 2 years ago 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 permalink fedilink source parent [–] dogslayeggs@lemmy.world 2 points 2 years ago The key word there is "company." Chinese car manufacturers are not companies, they are the state-owned entities. permalink fedilink source parent [–] ShepherdPie@midwest.social 1 point 2 years ago 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. permalink fedilink source parent
[–] Zehzin@lemmy.world 24 points 2 years ago* (3 children) 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. permalink fedilink source parent hideshow 6 child comments replies: [–] ShepherdPie@midwest.social 10 points 2 years ago (1 child) 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. permalink fedilink source parent hideshow 2 child comments replies: [–] Zehzin@lemmy.world 1 point 2 years ago (1 child) If they're blocking subsidized vehicles they'd have to block US companies permalink fedilink source parent hideshow 2 child comments replies: [–] ShepherdPie@midwest.social 2 points 2 years ago The subsidies in the US apply to companies of any nationality. The subsidies from China only cover companies controlled by the Chinese government. permalink fedilink source parent [–] dogslayeggs@lemmy.world 4 points 2 years ago 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. permalink fedilink source parent [+] Truth_Hurts@lemmus.org -1 points 2 years ago [removed by mod] permalink fedilink source parent
[–] ShepherdPie@midwest.social 10 points 2 years ago (1 child) 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. permalink fedilink source parent hideshow 2 child comments replies: [–] Zehzin@lemmy.world 1 point 2 years ago (1 child) If they're blocking subsidized vehicles they'd have to block US companies permalink fedilink source parent hideshow 2 child comments replies: [–] ShepherdPie@midwest.social 2 points 2 years ago The subsidies in the US apply to companies of any nationality. The subsidies from China only cover companies controlled by the Chinese government. permalink fedilink source parent
[–] Zehzin@lemmy.world 1 point 2 years ago (1 child) If they're blocking subsidized vehicles they'd have to block US companies permalink fedilink source parent hideshow 2 child comments replies: [–] ShepherdPie@midwest.social 2 points 2 years ago The subsidies in the US apply to companies of any nationality. The subsidies from China only cover companies controlled by the Chinese government. permalink fedilink source parent
[–] ShepherdPie@midwest.social 2 points 2 years ago The subsidies in the US apply to companies of any nationality. The subsidies from China only cover companies controlled by the Chinese government. permalink fedilink source parent
[–] dogslayeggs@lemmy.world 4 points 2 years ago 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. permalink fedilink source parent
[–] CaptainSpaceman@lemmy.world 8 points 2 years ago (3 children) 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. permalink fedilink source parent hideshow 6 child comments replies: [–] Gormadt@lemmy.blahaj.zone 5 points 2 years ago 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 permalink fedilink source parent [–] dogslayeggs@lemmy.world 2 points 2 years ago The key word there is "company." Chinese car manufacturers are not companies, they are the state-owned entities. permalink fedilink source parent [–] ShepherdPie@midwest.social 1 point 2 years ago 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. permalink fedilink source parent
[–] Gormadt@lemmy.blahaj.zone 5 points 2 years ago 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 permalink fedilink source parent
[–] dogslayeggs@lemmy.world 2 points 2 years ago The key word there is "company." Chinese car manufacturers are not companies, they are the state-owned entities. permalink fedilink source parent
[–] ShepherdPie@midwest.social 1 point 2 years ago 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. permalink fedilink source parent