The issue with car industry at least in Europe is not price. This is the last branch that is more or less alive, employs a lot of people and generates added value domestically. If it’s ceded to China, that means that you are at the next stage of deindustrialisation. From where we stand, it looks like that would mean economy collapse and crisis that we haven’t seen since… ever? If this is the way, we’ll have to figure how to live without relying on jobs as the way to survive (ubi, resource-based economy, etc). Since this is not even on the horizon, keep the tariffs for now, thank you.
The issue with car industry at least in Europe is not price. This is the last branch that is more or less alive, employs a lot of people and generates added value domestically. If it’s ceded to China, that means that you are at the next stage of deindustrialisation. From where we stand, it looks like that would mean economy collapse and crisis that we haven’t seen since… ever? If this is the way, we’ll have to figure how to live without relying on jobs as the way to survive (ubi, resource-based economy, etc). Since this is not even on the horizon, keep the tariffs for now, thank you.