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KurtOverley's avatar

The obvious loss of American manufacturing jobs demands an immediate knee-jerk political response with few aware of the resulting inflation and harm to export industries. Tariffs will never address the root causes of the problem: manufacturing subject to American labor costs and regulations is simply not competitive (hence offshoring), but no politician will stop the runaway government spending driving the cost of living and wage inflation.

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May 17, 2024
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Jon Miltimore's avatar

1) It's not going to destroy our auto manufacturing industry.

2) The US government also subsidizes EVs (and many other industries)

3) If China wants to build a bunch of cheap EVs and sell them at a loss to US consumers, let them.

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