Biden hiking tariffs on Chinese EVs, solar cells, steel, aluminum -- adding to tensions with Beijing

[walkingman]

10. Protectionism and isolationism never works. IMO, the only way to deal with worldwide EV competition

is increasing productivity and/or building a vehicle that consumers want and can afford.

The government picking winners and losers with tariffs might reduce trade deficits but not deficits in general. This always leads to attacking spending and what is the first things that is cut? The social safety net because corporate profits always trump (no pun intended) policies that help the American consumer.

If auto manufacturers are unable or unwilling to build a vehicle that consumers want and can afford, they need to feel the pain.