2026-04-26 21:35 UTC
>Protecting a key industry like electric car manufacturing using tariffs is fine
We can't have affordable electric cars because Biden wanted to protect Elon's profits.
That's fine by you.
Replies (2)
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@AA5B@lemmy.world 2026-04-27 11:14
Targeted temporary tariffs work best when you’re trying to develop an industry to catch up, such as Biden’s EV tax incentives to more quickly grow a larger market, infrastructure spending to speed buildout of chargers, manufacturing incentives to help legacy automakers transition, and a years long transition that manufacturers could plan around.
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@Tja@programming.dev 2026-04-27 05:49
I never said my opinion about that, just said what tariffs are for. Obviously protecting an industry makes prices go up, that's exactly the intended effect.