President Biden is expected to quadruple tariffs on electric vehicles from China in an announcement Tuesday, according to a source familiar with the decision.
In a completely capitalist market, American manufacturers would be paying Americans less money to make the cars, and if they couldn’t find people, they’d move the manufacturing out of the country. Why would they keep a factory here in the US if they could pay Mexicans to build them and ship them to the US with no tariffs (fucked up lobbying and a lousy government has sort of made this example happen, actually)? US auto worker are paid around $18 to $35 an hour. Chinese auto workers average (converted to US currency) $2 to $3.50 an hour.
So you tell me. Do you really want to go pure capitalism, no holds barred, and try to compete with a country paying their people $3 an hour without moving your own manufacturing out of the US? Do you know how many jobs in the US exist only because there’s tariffs in place? Do you know that just like Honda, Toyota and other foreign car manufacturers have done, China can avoid most of the tariffs by building their vehicles in the US, instead of shipping all of them in? Getting rid of tariffs would lower the wages of nearly every job you could get in the US. When millions of jobs leave the US, it makes it real easy for a capitalist to start paying less to desperate people, and start thinking that what you’re being currently paid is too much.
In a completely capitalist market, American manufacturers would be paying Americans less money to make the cars, and if they couldn’t find people, they’d move the manufacturing out of the country. Why would they keep a factory here in the US if they could pay Mexicans to build them and ship them to the US with no tariffs (fucked up lobbying and a lousy government has sort of made this example happen, actually)? US auto worker are paid around $18 to $35 an hour. Chinese auto workers average (converted to US currency) $2 to $3.50 an hour.
So you tell me. Do you really want to go pure capitalism, no holds barred, and try to compete with a country paying their people $3 an hour without moving your own manufacturing out of the US? Do you know how many jobs in the US exist only because there’s tariffs in place? Do you know that just like Honda, Toyota and other foreign car manufacturers have done, China can avoid most of the tariffs by building their vehicles in the US, instead of shipping all of them in? Getting rid of tariffs would lower the wages of nearly every job you could get in the US. When millions of jobs leave the US, it makes it real easy for a capitalist to start paying less to desperate people, and start thinking that what you’re being currently paid is too much.