History says tariffs rarely work, but Biden’s 100% tariffs on Chinese EVs could defy the trend, researcher says ( theconversation.com )

taanegl , 28 days ago

How many states made EV's illegal, how much subsidies have been misappropriated by mainstay industries, and what have lobbyists been doing to prevent the fostering of EV technology? That's like, what, 2 decades of corporate meddling and political boot licking for these "job creators"?

Preventing progress and hampering the US's competitive advantage. Why are they not labelled as traitors yet? The door may already have been closed and China owns that house. How do I know that? Let's check historic precedent in another technological field.

Most AMOLED and OLED are manufacturers in either South Korea or Japan. Sharp provides Apple with all its panels for instance. This is because both the south Korean and Japanese governments subsidized the shit out of these technologies in the mid 20th century. That's using subsidies to effectively corner markets - which is a big brain move. China may have done this for EV's already.

This is because Chinese, South Korean and Japanese politicians aren't a bunch of rubes who sold their integrity to the highest bidder and have the wherewithal to see one meter in front of their faces. This is also a problem of neo- and classical liberalism, because they still think that their "free market principles" will prevail.

Like the bunch of rubes they are.