Its not at all about competition or protecting the American auto industry. The US Government does not want Chinese companies (read: The chinese govt) to have millions of spy cameras videotaping every square inch of America. Their electric cars are outfitted with cameras much like most American companies. The difference is China corporations are basically arms of the chinese government itself. All the video footage china would ever need would be easily accessible and there's virtually nothing the US could do to prevent it. The only means of preventing it is to prohibit their vehicles from being allowed on our roads.
No, but Chinese evs are heavily subsidized by the Chinese govt
Probably need to allow some small number into the us so us mfg didn't just sit in their asses
yea but imagine if china ban apple products?
do the US have any subsidized products being sold in China?
the argument is EV cars collect enormous amount of data via cameras and sensors etc which i think is a fair argument. but, wouldn't it be simple to stop these data from being transmitted to Chinese govt?
US Govt bought in.
I got speculation in QUBT due to expansion in SA and CHIPS giving them money
and some LUNR last month for their Satellite launch.
We'll see where it goes.
Still sitting on Gold from 2022 though because I know sooner or later the music's gonna stop.
If this happens, China and other American govt bag holders are going to liquidate their American debt so fast. Currency markets will start a trade off and the dollar will lose half it's current value.
When Obama and Co bailed the banks out the USA was still regarded largely as wise for doing so. There was some eye brows raised from the austerity crowd, but it could be calmed. Now? No. Trumps incompetence has them all spooked. It could get real bad.
On the plus side, I might actually get to find out what the rich taste like.
Riots bruh...did you not watch 1979 oil crisis, govt shit happenings, embassy burnings, and. Panic Buying & Chaos ensued with Fearing total shortages, American motorists engaged in widespread panic buying. This resulted in massive lines at gas stations, forced weekend closures, and state-implemented "odd-even" gas rationing schemes based on license plate numbers. I don't have numbers on my license plate so I will be ok to go everyday. 😂