You can't really compete in a any real sense when the labor price differential is so massive and the companies and supply chains are directly subsidized. The price does not reflect the product, but all its inputs.
I never said that I’d expect that a US automaker would “win”. I want the best car at the cheapest price to be made available. And for that to be done within a level playing field with regards to safety / workforce / environmental / labor regulations. My expectation is that US automakers do not win, even with subsidies. But I do think keeping an industrial base in the US would be worth that compromise.
Historically, tariffs guarantee the local market will not win.
Tariffs (the "chicken tax") are directly responsible for US trucks being so expensive. They have no foreign competition in the US.
Environmental regulation loopholes cause US trucks to be so big, which is a related problem.
It's probably possible for US manufacturing to compete directly with foreign manufacturers, but they have no incentive to do so now that Trump extended the chicken-tax to all imported cars.
hedora|10 months ago
patagonia|10 months ago
hedora|10 months ago
Tariffs (the "chicken tax") are directly responsible for US trucks being so expensive. They have no foreign competition in the US.
Environmental regulation loopholes cause US trucks to be so big, which is a related problem.
It's probably possible for US manufacturing to compete directly with foreign manufacturers, but they have no incentive to do so now that Trump extended the chicken-tax to all imported cars.