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this post was submitted on 26 Jan 2024
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Fun fact: Tesla isn't the biggest EV maker in the world. BYD is. Americans haven't heard of them because Trump's 25% import tariff on Chinese EVs made them untenable to import.
American automotive companies are scared shitless of companies like BYD because they can come in like Toyota & Honda did in the 1980s and sell an EV sedan at a cheaper price than any American automaker can.
Elon even admitted it today: https://www.foxbusiness.com/fox-news-global-economy/elon-musk-says-chinese-ev-companies-will-demolish-competition-without-tariffs
I didn't realize we had a tariff that high on Chinese EVs. It's looking like Biden even wants to increase it https://www.reuters.com/world/us/biden-administration-explores-raising-tariffs-chinese-evs-wsj-2023-12-21/
I remember when Trump did his trade war on China and people were screaming bloody murder about impeding free trade, but apparently democrats are all about it too. They're more alike than people want to admit, at least when it comes to trade.
On foreign policy in general there is little difference between Democrats and traditional Republicans. On the other hand, Trump's only guidestar on foreign policy was how much money a country spent at his resorts.