The Biden administration is suggesting the possibility that new penalties could be put in place if the Chinese makers of electric vehicles try to move their production to Mexico to avoid newly announced import taxes.
  • LostWanderer@lemmynsfw.comEnglish
    157·
    6 months ago

    Chinese Electric Vehicles could press the laggards in the USA to innovate in the space! No wonder they are so desperate to regulate Chinese Electric cars to death…

    • Nougat@fedia.io
      131·
      6 months ago

      I keep trying to point out thatr capitalism and free markets are different things, but nobody seems to get it. This is an excellent example.

      Capitalists - owners of capital - want to make certain markets less free in order to protect their personal interests.