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President Biden announces a series of tariffs on green energy products from China. (lemmy.ml)

submitted 11 months ago by [email protected] to c/[email protected]

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[–] [email protected] 96 points 11 months ago (3 children)

That's not how you ensure America leads the world in them. That's how you ensure corps feel safe not doing shit to innovate anymore. This is just another form of a bailout.

[–] [email protected] 23 points 11 months ago

Didn't they do the same for Japanese goods back in the day? Not sure it helped the American automotive industry.

[–] [email protected] 9 points 11 months ago

Yes- it's the United States

[–] [email protected] 6 points 11 months ago

Doesn't China subsidize what they export on top of having cheap labor? In that case a free market argument cannot really be made. The innovation in the US or elsewhere would have to be extreme shifts to compete.