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President Joe Biden speaks in the Rose Garden of the White House in Washington, Tuesday, May 14, 2024, announcing plans to impose major new tariffs on electric vehicles, semiconductors, solar equipment and medical supplies imported from China. (AP Photo/Susan Walsh)
world

Biden hikes tariffs on Chinese EVs, solar cells, steel, aluminum — and snipes at Trump

79 Comments
By JOSH BOAK, FATIMA HUSSEIN, PAUL WISEMAN and DIDI TANG

U.S. President Joe Biden slapped major new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment on Tuesday, taking potshots at Donald Trump along the way as he embraced a strategy that's increasing friction between the world's two largest economies.

The Democratic president said that Chinese government subsidies ensure the nation's companies don’t have to turn a profit, giving them an unfair advantage in global trade.

“American workers can outwork and outcompete anyone as long as the competition is fair,” Biden said in the White House Rose Garden. “But for too long, it hasn’t been fair. For years, the Chinese government has poured state money into Chinese companies ... it's not competition, it's cheating.”

The tariffs come in the middle of a heated campaign between Biden and Trump, his Republican predecessor, to show who's tougher on China. In a nod to the presidential campaign, Biden recognized lawmakers from Michigan in his remarks and spoke about workers in Pennsylvania and Wisconsin, all battleground states in November's election.

Asked to respond to Trump's comments that China was eating America's lunch, Biden said of his rival, “He's been feeding them a long time.” The Democrat said Trump had failed to crack down on Chinese trade abuses as he had pledged he would do during his presidency.

Karoline Leavitt, the Trump campaign's press secretary, called the new tariffs a “weak and futile attempt” to distract from Biden's own support for EVs in the United States, which Trump says will lead to layoffs at auto factories.

The Chinese government was quick to push back against the tariffs, saying they “will seriously affect the atmosphere of bilateral cooperation.” The foreign ministry used the word “bullying.”

The tariffs are unlikely to have much of an inflationary impact because of how they’re structured. Biden administration officials said they think the tariffs won't escalate tensions with China, yet they expect China will explore ways to respond to the new taxes on its products. It's uncertain what the long-term impact on prices could be if the tariffs contribute to a wider trade dispute.

The tariffs are to be phased in over the next three years, with those that take effect in 2024 covering EVs, solar cells, syringes, needles, steel and aluminum and more. There are currently very few EVs from China in the U.S., but officials worry low-priced models made possible by Chinese government subsidies could soon start flooding the U.S. market.

Chinese firms can sell EVs for as little as $12,000. China's solar cell plants and steel and aluminum mills have enough capacity to meet much of the world's demand, with Chinese officials arguing their production keeps prices low and would aid a transition to the green economy.

China's commerce ministry said in a statement that the tariffs were “typical political manipulation” as it expressed its “strong dissatisfaction” and pledged to “take resolute measures to defend its rights and interests."

Under the findings of a four-year review on trade with China, the tax rate on imported Chinese EVs will rise to 102.5% this year, up from total levels of 27.5%. The review was undertaken under Section 301 of the Trade Act of 1974, which allows the government to retaliate against trade practices deemed unfair or in violation of global standards.

Under the 301 guidelines, the tariff rate is to double to 50% on solar cell imports this year. Tariffs on certain Chinese steel and aluminum products will climb to 25% this year. Computer chip tariffs will double to 50% by 2025.

For lithium-ion EV batteries, tariffs will rise from 7.5% to 25% this year. But for non-EV batteries of the same type, the tariff increase will be implemented in 2026. There are also higher tariffs on ship-to-shore cranes, critical minerals and medical products.

The new tariffs, at least initially, are largely symbolic since they will apply to only about $18 billion in imports. A new analysis by Oxford Economics estimates the tariffs will have a barely noticeable impact on inflation by pushing up inflation by just 0.01%.

The auto industry is still trying to assess the impact of the tariffs. But at present, it appears they could be assessed on only two Chinese-made vehicles, the Polestar 2 luxury EV and potentially Volvo’s S90 luxury gas-electric hybrid midsize sedan.

“We’re still reviewing the tariffs to understand exactly what’s affected and how,” said Russell Datz, spokesman for Volvo, a Swedish brand now under China’s Geely group. A message was left seeking comment from Polestar, which also falls under Geely.

The Chinese foreign ministry spokesperson, Wang Wenbin, said the U.S. is trampling on the principles of a market economy and international economic and trade rules.

“It’s a naked act of bullying,” Wang said.

The Chinese economy has been slowed by the collapse of the country’s real estate market and past coronavirus pandemic lockdowns, prompting Chinese President Xi Jinping to try to jumpstart growth by ramping up production of EVs and other products, making more than the Chinese market can absorb.

This strategy further exacerbates tensions with a U.S. government that claims it's determined to strengthen its own manufacturing to compete with China, yet avoid a larger conflict.

“China’s factory-led recovery and weak consumption growth, which are translating into excess capacity and an aggressive search for foreign markets, in tandem with the looming U.S. election season add up to a perfect recipe for escalating U.S. trade fractions with China,’’ said Eswar Prasad, professor of trade policy at Cornell University.

The Europeans are worried, too. The EU launched an investigation last fall into Chinese subsidies and could impose an import tax on Chinese EVs.

After Xi’s visit to France last week, European Commission President Ursula von der Leyen warned that government-subsidized Chinese EVs and steel “are flooding the European market" and said, "The world cannot absorb China’s surplus production.’’

Biden's administration views China, with its subsidies of manufacturing, as trying to globally control the EV and clean-energy sectors, whereas the administration says its own industrial support is geared toward ensuring domestic supplies to help meet U.S. demand.

“We do not seek to have global domination of manufacturing in these sectors, but we believe because these are strategic industries and for the sake of resilience of our supply chains, that we want to make sure that we have healthy and active firms,” Treasury Secretary Janet Yellen said.

The tensions go far beyond a trade dispute to deeper questions about who leads the world economy as a seemingly indispensable nation. China's policies could make the world more dependent on its factories, possibly giving it greater leverage in geopolitics. At the same time, the United States says it's seeking for countries to operate by the same standards so competition can be fair.

China maintains the tariffs are in violation of the global trade rules the United States originally helped establish through the World Trade Organization. It accuses the U.S. of continuing to politicize trade issues and on Friday said the new tariffs compound the problems caused by tariffs the Trump administration previously put on Chinese goods, which Biden has kept.

Those issues are at the heart of November’s presidential election, with a bitterly divided electorate seemingly united by the idea of getting tough with China. Biden and Trump have overlapping but different strategies.

Biden sees targeted tariffs as needed to defend key industries and workers, while Trump has threatened broad 10% tariffs against all imports from rivals and allies alike.

Biden has staked his presidential legacy on the U.S. pulling ahead of China with its own government investments in factories to make EVs, computer chips and other advanced technologies.

Trump tells his supporters America is falling further behind China by not betting on oil to keep powering the economy, despite its climate change risks. The ex-president may believe tariffs can change Chinese behavior, but he believes the U.S. will be reliant on China for EV components and solar cells.

“Joe Biden’s economic plan is to make China rich and America poor,” he said at a rally this month in Wisconsin.

__

AP autos writer Tom Krisher contributed to this report from Detroit.

© Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

©2024 GPlusMedia Inc.


79 Comments

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November

-4 ( +4 / -8 )

people are under the misguided notion that tariffs are paid by the exporter - china.

tariffs are paid by the importer, then passed along. the consumer ends up paying in higher prices.

when trump put 25% tariff orders many chinese goods, importers didn’t just add the 25% of their cost, they jacked up prices above that and started the tornado of inflation in the u.s. greedflation took ahold from that.

y.s. produced goods will be higher priced, so either way, the consumer loses.

expect more inflation is the message.

2 ( +8 / -6 )

Peter NeilToday  07:17 am JST

Everybody pays to some degree with tariffs. If they drive Chinese car companies completely out of the US and stimulate a domestic battery production market, it will be a win for the latter.

4 ( +8 / -4 )

Peter Neil

people are under the misguided notion that tariffs are paid by the exporter - china.

tariffs are paid by the importer, then passed along. the consumer ends up paying in higher prices.

This is true.

I don't think it's a great idea for Biden to impose these tariffs, but I can see why he is doing it. It's a populist move ahead of the election.

4 ( +6 / -2 )

This crap will never catch on to what these people wish. More EV junk.

-17 ( +1 / -18 )

Peter Neil

started the tornado of inflation in the u.s. greedflation

Nope. The inflation was and is global, affecting countries with no such tariffs, and was mostly caused by the twin global supply shocks from covid and the Ukraine war.

The US economy boomed after the China tariffs and continues to outpace its rivals, even with the tariffs in place.

4 ( +6 / -2 )

people are under the misguided notion that tariffs are paid by the exporter - china.

tariffs are paid by the importer, then passed along. the consumer ends up paying in higher prices.

You are missing the point. Tariffs, in this instance pushes back against the CCP forcing Chinese taxpayers funding otherwise unprofitable companies so that the CCP can gain controls over countries where these products are sold.

We have seen how utterly punishing it was when Japanese and US businesses were denied rare earths. Never again.

Tariffs are win win here for Chinese people/taxpayers and American taxpayers. Not having to fund a repugnant political regime is a win for all.

You will hear corporates shouting from the roof about inflation etc., it's all smoke n mirrors, they just want to benefit from slave labor, slave taxpayers.

-4 ( +3 / -7 )

Good, now put up other barriers as well, like security, labor standards, transparency, carbon emission, environmental, fairness, freemarket, reciprocity...

Trade with friends with shared values.

3 ( +6 / -3 )

solar cells, syringes, needles, steel and aluminum and more

Is not only end consumer products, it hurts businesses many business rely on those products. It happened during Trump tariff policy.

https://www.forbes.com/sites/stuartanderson/2021/05/20/trumps-tariffs-were-much-more-damaging-than-thought

https://edition.cnn.com/2024/05/14/economy/inflation-new-china-tariffs-biden-example/index.html

-3 ( +2 / -5 )

It wasn't so many years ago they were all rubbishing and attacking Trump over tariffs he imposed.

Now the hypocrite Biden goes and does the same thing and the media gets a case of amnesia.

-10 ( +2 / -12 )

The Chinese foreign ministry spokesperson, Wang Wenbin, said the U.S. is trampling on the principles of a market economy and international economic and trade rules.

“It’s a naked act of bullying,” Wang said.

A China Communist Party official accusing another nation of bullying!

The hypocrisy.

9 ( +10 / -1 )

You are missing the point. Tariffs, in this instance pushes back against the CCP forcing Chinese taxpayers funding otherwise unprofitable companies so that the CCP can gain controls over countries where these products are sold.

the u.s. taxpayers subsidize a wide swath of industries.

4 ( +6 / -2 )

“But for too long, it hasn’t been fair. For years, the Chinese government has poured state money into Chinese companies ... it's not competition, it's cheating.”

To be fair, one thing that China, Japan, the Democrats and Republicans all agree upon is corporate welfare and subsidies.

5 ( +7 / -2 )

This crap will never catch on to what these people wish. More EV junk.

Indeed - and this guy makes them in China cheating US workers out of jobs too...

https://www.autoevolution.com/news/tesla-exporting-china-made-evs-to-north-america-reveals-a-major-problem-215971.html

Unpatriotic China-lover, huh....

1 ( +4 / -3 )

For years, the Chinese government has poured state money into Chinese companies ... it's not competition, it's cheating.”

You are free to pour more money into US companies too Joe. Instead of pouring ever increasing amounts into weapons and fueling conflicts around the world. The whole world would be better for it if you did that.

-6 ( +2 / -8 )

Indeed - and this guy makes them in China cheating US workers out of jobs too...

Has nothing to do with most Americans not wanting this garbage.

-8 ( +1 / -9 )

Good, now put up other barriers as well, like security, labor standards, transparency, carbon emission, environmental, fairness, freemarket, reciprocity... Trade with friends with shared values.

The elephant in the room is the fact that a whole bunch of US and " friends with shared values " companies are manufacturing / doing business in China and other less developed countries making a killing in places with those questionable " security, labor / environmental standards, transparency, standards , fairness...etc" standards. The only cynical reason it is an issue for Biden now is the US election.

-5 ( +0 / -5 )

No, I’m not you, I drive a hybrid,

Good choice.

-2 ( +2 / -4 )

Less than 2% of China's EV exports go to the US. Reducing this to 0% won't affect China at all.

Election grandstanding.

-4 ( +2 / -6 )

Indeed - and this guy makes them in China cheating US workers out of jobs too...

Has nothing to do with most Americans not wanting this garbage.

Huh?

https://www.visualcapitalist.com/tesla-is-once-again-the-worlds-best-selling-ev-company/

2 ( +3 / -1 )

Huh?

Seems about spot on.

https://edition.cnn.com/2024/02/25/cars/what-happened-with-electric-vehicle-sales-in-2023/index.html#:~:text=To%20be%20clear%3A%20The%20American%20market%20for%20EVs,year%2C%20topping%201%20million%20for%20the%20first%20time.

-9 ( +0 / -9 )

Indeed - and this guy makes them in China cheating US workers out of jobs too...

Yeah, and no other US company makes anything in China do they....did you type this up on your made in China Iphone/ smartphone btw?

-5 ( +0 / -5 )

The Chinese foreign ministry spokesperson, Wang Wenbin, said the U.S. is trampling on the principles of a market economy and international economic and trade rules.

No, that's exactly what China has been doing since it joined the WTO in 2001, along with massive amounts of theft, human rights abuses, and environmental degradation. And it's used the profits it made to threaten us all, both economically and militarily.

China's trade abuses have continued for far too long, and must stop. The EU is also finally making a stand with a variety of investigations into EVs, wind turbines, batteries, medical equipment and more.

Chinese Communist Party: you brought all this on yourself. Suck it up.

0 ( +1 / -1 )

The American authorities are afraid of China))) wow, they waited.

The Americans were outshone by Chinese manufacturers and other countries showed them the middle finger. It turns out like this.The American authorities are afraid of China))) wow, they waited.

The Americans were outshone by Chinese manufacturers and other countries showed them the middle finger. It turns out like this.

-3 ( +0 / -3 )

Peter NeilToday 07:17 am JST

people are under the misguided notion that tariffs are paid by the exporter - china.

> tariffs are paid by the importer, then passed along. the consumer ends up paying in higher prices.

The point is that the tariffs make the imports unviable, so that China cannot dump products on our markets, destroy domestic industries, then use its position of advantage to threaten us. This is what China has been doing for some time, and the problem will worsen for every sector it manages to capture.

Anything that China makes can be sourced elsewhere; and if any prices rise too high for critical goods, the government will step in.

The US government (and EU, and elsewhere) is doing its job well here, and this should've been done years ago.

JJEToday 08:08 am JST

It wasn't so many years ago they were all rubbishing and attacking Trump over tariffs he imposed.

> Now the hypocrite Biden goes and does the same thing and the media gets a case of amnesia.

There's zero amnesia in the media. The Trump tariffs are even mentioned in this article:

tariffs the Trump administration previously put on Chinese goods, which Biden has kept.

0 ( +1 / -1 )

Huh?

Seems about spot on.

What? You hate EVs, yet you defend Musk who is the No. 1 maker of EVs, which he makes in China with the CCP....

You love the guy that makes cars you hate that he builds in China that he then sells in North America...

More MAGA-confusion...

3 ( +4 / -1 )

Indeed - and this guy makes them in China cheating US workers out of jobs too...

Yeah, and no other US company makes anything in China do they

Indeed - just go to Trumpstore.com for all your CCP Chinese-made clothes and trinkets...

https://www.nbcnews.com/politics/donald-trump/trump-event-touted-made-america-goods-lot-his-merchandise-couldn-n893656

did you type this up on your made in China Iphone/ smartphone btw?

Did you?

3 ( +5 / -2 )

@isabelle: american companies order every single item from china.

the dumping is american companies dumping american workers for profit.

0 ( +2 / -2 )

everything in trumps hotels are made in china. hypocrisy at its finest.

2 ( +3 / -1 )

Peter NeilToday 10:00 am JST

@isabelle: american companies order every single item from china.

This statement is patently false.

The US trades in all sorts of goods with many countries.

1 ( +2 / -1 )

What? You hate EVs,

With a passion

yet you defend Musk who is the No. 1 maker of EVs, which he makes in China with the CCP....

I love Musk, he can make whatever he wants, I don’t have to buy it

You love the guy that makes cars you hate that he builds in China that he then sells in North America...

He’s a Capitalist. I love that.

More MAGA-confusion...

No confusion, free will.

-7 ( +1 / -8 )

What? You hate EVs,

With a passion

OK....

yet you defend Musk who is the No. 1 maker of EVs, which he makes in China with the CCP....

I love Musk, he can make whatever he wants, I don’t have to buy it

He loves the guy that sells in his words "JUNK"...what other junk-peddlers do you admire?

You love the guy that makes cars you hate that he builds in China that he then sells in North America...

He’s a Capitalist. I love that.

BINGO! You love it he's in partnership with the CCP building cars in China stealing US jobs....thanks for that admission...MAGA-world loves Russia AND China...

More MAGA-confusion...

No confusion, free will.

Free self-confusion....ROFL...

5 ( +5 / -0 )

did you type this up on your made in China Iphone/ smartphone btw.............Did you?

Yep, but then I'm not the one advocating for anti Chinese sanctions. Did you?

Indeed - just go to Trumpstore.com for all your CCP Chinese-made clothes and trinkets...

Lol, obsessed with Trump 24/7 huh?

-5 ( +1 / -6 )

did you type this up on your made in China Iphone/ smartphone btw.............Did you?

Yep, but then I'm not the one advocating for anti Chinese sanctions.

Indeed you're not - and you're advocating for the CCP....game, set, match....

Indeed - just go to Trumpstore.com for all your CCP Chinese-made clothes and trinkets...

Lol, obsessed with Trump 24/7 huh?

Have your gold Chinese-made high-tops yet? ROFL...

2 ( +3 / -1 )

Ramsey's Kitchen

Indeed - and this guy makes them in China cheating US workers out of jobs too...

Yeah, and no other US company makes anything in China do they....did you type this up on your made in China Iphone/ smartphone btw?

I'm pretty sure, iPhones don't get state subsidies.

2 ( +2 / -0 )

Yep, but then I'm not the one advocating for anti Chinese sanctions.

Indeed you're not - and you're advocating for the CCP....game, set, match....

Don't care about CCP, just pointing out the those whining about Tesla doing business in China whilst they themselves are using a bunch of made in China products in their daily lives, lol.

Indeed - just go to Trumpstore.com for all your CCP Chinese-made clothes and trinkets...

Lol, obsessed with Trump 24/7 huh?..............Have your gold Chinese-made high-tops yet? ROFL...

Sure, I'll order a pair right now so I can flash them around like you do, ROFL :)

-6 ( +0 / -6 )

I'm pretty sure, iPhones don't get state subsidies.

Pretty sure Tesla doesn't get same subsidies Chinese manufacturers do either.

-5 ( +0 / -5 )

He loves the guy that sells in his words "JUNK"...what other junk-peddlers do you admire?

A lot of people, depends. I may like someone you like and you might hate them or make fun of them and I might feel the opposite of a person you might admire, and might not like them.

BINGO! You love it he's in partnership with the CCP

I never said that, he has the freedom in our Capitalist society to do what he wants, let’s put it like this, I hate Soros and I could be here all day to list the reasons why, but he’s a Capitalist, he can do what he wants and spend his money as he wants even if I despise the guy. I don’t need to agree with him on anything, that’s our system.

building cars in China stealing US jobs…

The policies of this administration are worse for Americans especially, working ones.

thanks for that admission...MAGA-world loves Russia AND China...

I never said, nor implied that..

Free self-confusion....ROFL...

No collusion.

-8 ( +0 / -8 )

You're all in supporting the CCP...giving them business and money so they can make more nukes to aim at us...

Huh? Lol, dont care about the CCP...wanna talk to those who give them business, talk to the western CEO's who were falling over themselves to invest in their China manufacturing .

Sure, I'll order a pair right now so I can flash them around...Good for you...give all your money to Trump and the CCP....

Yep, why should you be the only one flashing your stylish new Trump high tops around the office singing "whose da daddy now" , ROFL...

-5 ( +0 / -5 )

Way to go, Joe!

2 ( +4 / -2 )

tariffs and subsidies are usually a waste of time and energy.

innovation transforms industries.

2 ( +3 / -1 )

Biden is going to lose the election for a long list of reasons but the one I would put at the top is inflation as surveys show that is what Americans worry the most about. Biden's economic team is a joke.

-2 ( +2 / -4 )

Biden is going to lose the election for a long list of reasons but the one I would put at the top is inflation as surveys show that is what Americans worry the most about. Biden's economic team is a joke.

That is a very serious understatement.

-6 ( +1 / -7 )

Biden's economic team is a joke.

lol Yes, it's Biden's fault that greedy corporations are continue charging more and more for products.

It's Biden's fault that inflation, a global phenomenom, is happening.

Now that is a real joke.

3 ( +4 / -1 )

deanzaZZR

Biden is going to lose the election for a long list of reasons but the one I would put at the top is inflation as surveys show that is what Americans worry the most about.

Wages have outpaced price increases, so inflation isn't such a problem these days.

Biden's economic team is a joke.

What policies do you think are a joke?

1 ( +2 / -1 )

The trifecta of a record federal budget deficits (tossing out 2020), rising interest rates and a love for sanctions and tariffs which have fueled inflation. Wage growth v. inflation is a mixed bag and plenty of Americans are feeling the pinch. I'm not a big fan of spending $6 or more for a loaf of bread and over $5 for a gallon of gas.

https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/

-1 ( +1 / -2 )

It's Biden's fault that inflation, a global phenomenom, is happening.

Biden is the President of the U.S., not of the world.

Oil and gas are not going away, that’s a fact.

-9 ( +0 / -9 )

Wages have outpaced price increases, so inflation isn't such a problem these days.

Tell us you post on JT but don't live in Japan without telling us.

-3 ( +0 / -3 )

It's Biden's fault that inflation, a global phenomenom, is happening.

Yep, Biden WH policies of enabling the continuation of armed conflicts in both Ukraine and Gaza as well as sanctioning Russia and now China sure are helping to fuel and prolong inflation. No doubt about it.

Now that would be a real joke , if it wasnt so tragic for many an average folk.

Wages have outpaced price increases, so inflation isn't such a problem these days.

Ask the average Joe, Taro, Hans in US, Japan , Germany etc....if inflation isnt problem for them. You might be surprised.

-3 ( +1 / -4 )

Has nothing to do with most Americans not wanting this garbage.

yet Americans still buy many EVs

Oil and gas are not going away, that’s a fact.

nobody said it was, US oil production reached a record high of 13.3mbpd under Biden,

making America even more energy independent than under Trump, what conservatives keep parroting

I love Musk, he can make whatever he wants, I don’t have to buy it

and yet he keeps pushing EV adoption across America, spending another 500million on EV charging

No confusion, free will.

and Musk will keep pushing state governments to give favorable tax breaks to EV owners, and himself.

which cost all Americans even EV haters. EV will eventually reach critical mass in the US

1 ( +1 / -0 )

over $5 for a gallon of gas.

gas is averaging 3.60, only CA is over $5 keeping the facts real

https://gasprices.aaa.com/

1 ( +1 / -0 )

yet Americans still buy many EVs

Never to the level as a gas combustible engine, that’s just not going to happen.

nobody said it was, US oil production reached a record high of 13.3mbpd under Biden

Uhhh, not really..but yeah, it’s an election year, hurry BIDEN!

https://www.msn.com/en-us/money/markets/biden-restarts-plans-to-refill-us-oil-reserve-as-prices-dip/ar-BB1lYUM5

making America even more energy independent than under Trump,

You mean, he’s restarting coal, hydro, nuclear, gas and oil and cutting massively back on EVs?

what conservatives keep parroting

Still waiting.

and yet he keeps pushing EV adoption across America, spending another 500million on EV charging

It’s America, believe it or not, he can do that.

and Musk will keep pushing state governments to give favorable tax breaks to EV owners, and himself.

Capitalism, I could less, not buying the crap.

which cost all Americans even EV haters. EV will eventually reach critical mass in the US

Until Biden is out of office.

gas is averaging 3.60, only CA is over $5 keeping the facts real

Under Trump it was $1,89

-5 ( +0 / -5 )

Vehicles with internal combustion engines have been around a lot longer than EVs but eventually, they will be replaced by other energies including EVs.

3 ( +3 / -0 )

Vehicles with internal combustion engines have been around a lot longer than EVs but eventually, they will be replaced by other energies including EVs.

They have a long, long way to go, we won’t be around to see that happen.

-4 ( +0 / -4 )

This crap will never catch on to what these people wish. More EV junk.

Glad to see you turn on Musk.

3 ( +3 / -0 )

Glad to see you turn on Musk.

I didn’t. I just won’t buy any of his cars. I’m happy with my F-150 :-)

-5 ( +0 / -5 )

bass4funk

Glad to see you turn on Musk.

> I didn’t. I just won’t buy any of his cars. I’m happy with my F-150 :-)

You have a Ford F-150 in Japan which you must have imported. A shameful gas Guzzler.

You post numerous comments against EVs but praise Musk, a capitalist for producing them and climbing his wealth on them.

4 ( +5 / -1 )

You have a Ford F-150 in Japan

The states

You post numerous comments against EVs

Yes.

but praise Musk, a capitalist for producing them and climbing his wealth on them.

What can I say, I’m a Capitalist.

-6 ( +0 / -6 )

bass4funkToday 07:09 pm JST

You have a Ford F-150 in Japan

> The states

Which can only be used when you visit and still a gas Guzzler.

You post numerous comments against EVs

> Yes.

> but praise Musk, a capitalist for producing them and climbing his wealth on them.

> What can I say, I’m a Capitalist.

So you don't care what capitalists do even if they are harming the environment because being a capitalist is what matters to you. Even Big Pharma produces the COVID-19 vaccines. That is capitalism too.

3 ( +3 / -0 )

Which can only be used when you visit and still a gas Guzzler.

Yup, exactly!!

So you don't care what capitalists do even if they are harming the environment because being a capitalist is what matters to you.

Yes

Even Big Pharma produces the COVID-19 vaccines. That is capitalism too.

as long as it’s not government funded and private then it is.

-5 ( +0 / -5 )

Xi Jinping depot dictatorship regime has been plotting, scheming, undermining rules based trading democracies, subsidising, cheating, since this tyrant took office in 2013.

U.S. President Joe Biden government has been dithering to take action. These tariffs reflect this fact, so must be punitive

2 ( +2 / -0 )

bass4funk

as long as it’s not government funded and private then it is.

That counts Telsa out which received billions in subsidies.

3 ( +4 / -1 )

That counts Telsa out which received billions in subsidies.

Like I said, they’re not getting my money. So I’m good.

-3 ( +1 / -4 )

bass4funk

That counts Telsa out which received billions in subsidies.

> Like I said, they’re not getting my money. So I’m good.

Musk/Telsa got your tax monies with the subsidies from the government. You have already coughed up.

$3 billion.

2 ( +3 / -1 )

Musk/Telsa got your tax monies with the subsidies from the government. You have already coughed up.

$3 billion.

Ok, but I’m still not buying it, so….

Like I said, that will all change when the Republicans retake the WH.

-2 ( +1 / -3 )

Can't wait for EVs to displace ICE. Then we'll never have to give a crap about the Middle East again.

EV sales are up 19% YOY. There's more brands now so some are losing sales, while others have big gains.

3 ( +3 / -0 )

You have a Ford F-150 in Japan which you must have imported. A shameful gas Guzzler.

My foreign made SUV I drive in Japan gets even less miles per gallon than the Ford truck.

It's great--gets all the looks, drives like a bed on wheels.

-5 ( +1 / -6 )

Like I said, that will all change when the Republicans retake the WH.

More tax breaks for the rich, more subsidies for companies, and more government contracts for supporters.

2 ( +3 / -1 )

A check on your comments shows that this is the first you posted on this forum.

What?

More tax breaks for the rich,

Yes

more subsidies for companies, and more government contracts for supporters.

That remains to be seen, more regulated though for sure

-4 ( +1 / -5 )

Can't wait for EVs to displace ICE.

That won’t happen anytime soon.

Then we'll never have to give a crap about the Middle East again. 

We didn’t have to even without EV sales if the Dems would have allowed us to drill and become energy independent, Trump started it and the Dems said, “we can’t have that!”

EV sales are up 19% YOY. There's more brands now so some are losing sales, while others have big gains.

Not to the level of ICE, and then there’s problem with the trucks and battery lifespan, that will take even longer to develop. We won’t see that change.

Fully-electric vehicles (BEVs) had 7.3% market share in Q1 2024. This is the first quarterly decline since Q2 2020.

Sales in Q1 2024 rose 2.6% year-over-year, but fell 15.2% compared to Q4 2023.

-4 ( +1 / -5 )

More tax breaks for the rich, more subsidies for companies, and more government contracts for supporters.

Well, that doesn't affect you, and is not relevant at all concerning you.

But for Americans, it would be a good thing to have more rich people, and more companies prospering so that more jobs are created.

-6 ( +0 / -6 )

That won’t happen anytime soon.

Oil is a finite resource, so it will happen whether it suits your politics or not.

You really need to stop spending 16 hours a day on here, anytime soon.

5 ( +5 / -0 )

My foreign made SUV I drive in Japan gets even less miles per gallon than the Ford truck.

What kind of enormous foreign made SUV is it that you want us to believe that you drive in your very small apartment?

5 ( +5 / -0 )

Dinky model.

2 ( +2 / -0 )

Dinky model.

Probably made by the same folks who made the jets and sports cars that all of the MAGA posters here seem to own.

More DeLuded than DeLorean.

2 ( +3 / -1 )

bass4funkToday 04:42 pm JST

yet Americans still buy many EVs

Never to the level as a gas combustible engine, that’s just not going to happen.

Is it fate again?

gas is averaging 3.60, only CA is over $5 keeping the facts real

Under Trump it was $1,89

Yeah, at the height of the pandemic.

2 ( +4 / -2 )

Ramsey's KitchenMay 15 09:00 am JST

For years, the Chinese government has poured state money into Chinese companies ... it's not competition, it's cheating.”

You are free to pour more money into US companies too Joe. Instead of pouring ever increasing amounts into weapons and fueling conflicts around the world. The whole world would be better for it if you did that.

Wars Russia and Iran started. The US selling and donating weapons is the stabilizing force.

2 ( +3 / -1 )

Ramsey's KitchenMay 15 09:08 am JST

Good, now put up other barriers as well, like security, labor standards, transparency, carbon emission, environmental, fairness, freemarket, reciprocity... Trade with friends with shared values.

The elephant in the room is the fact that a whole bunch of US and " friends with shared values " companies are manufacturing / doing business in China and other less developed countries making a killing in places with those questionable " security, labor / environmental standards, transparency, standards , fairness...etc" standards. The only cynical reason it is an issue for Biden now is the US election.

Just because people made/are making a killing, doesn't mean it wasn't profoundly unethical to do so and we have looked the other way for too long.

1 ( +3 / -2 )

Oil is a finite resource, so it will happen whether it suits your politics or not.

Not anytime soon, not in our present lifetime.

You really need to stop spending 16 hours a day on here, anytime soon.

What?

Is it fate again?

Bingo.

Yeah, at the height of the pandemic.

No, before.

-3 ( +0 / -3 )

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