- cross-posted to:
- worldnews@lemmit.online
- cross-posted to:
- worldnews@lemmit.online
President Joe Biden has been urged to ban imports of Chinese-made electric cars to the US.
The chair of the Senate Banking Committee, Senator Sherrod Brown, wrote “Chinese electric vehicles are an existential threat to the American auto industry”.
His comments are the strongest yet by any US lawmaker on the issue, while others have called for steep tariffs to keep Chinese electric vehicles (EV) out of the country.
In February, the White House said the US was opening an investigation into whether Chinese cars pose a national security risk. At the time, President Biden said that China’s policies “could flood our market with its vehicles, posing risks to our national security” and that he would “not let that happen on my watch.”
How many times do we need to bail this industry out? Detroit’s problems are entirely the fault of its own short-sighted greed. They’ve deliberately chosen not to produce affordable sedans, instead focusing only on super expensive giant luxury vehicles. This has even happened before. The exact same thing happened back in the 80s with the Japanese car companies. Toyota and Honda ate Detroit’s lunch because Detroit had become complacent and greedy.