Without all the trade restrictions, you could buy a BYD EV for 10k. It's not the greatest car ever, but it would be a cool city car. Naw, better go and pay 40k for a worse American version.
Temu is getting basically banned. It's not enough I pay around 40% of my income on in taxes and healthcare insurance, I now much pay higher prices for the same stuff on Amazon.
American cars are expensive because Americans have been convinced buying big SUVs is AMERICAN and patriotic, and even the Americans who aren’t dumb enough to fall for that nonsense have to buy bigger cars because we’re in a car size arms race and it’s outright scary driving a normal hatchback around these massive Trucks masquerading as cars.
This has lowered demand for smaller and cheaper cars, giving auto manufacturers the perfect excuse to stop selling small cars in the U.S. especially since SUVs are just not profitable because they’re unsophisticated and yet super expensive.
No, you couldn’t. In Switzerland there are no EV trade restrictions and no, we do not have 10k BYDs. They cost roughly same as any other Western manufacturer.
Hell, Obama didn’t let the auto industry die back in 2008. Can you imagine Trump, who said there would be a "bloodbath" in the auto industry without him—allowing a $10K Chinese car into the U.S. market?
I'm curious which one lost more money, openai or byd
If before firing thousands upon thousands of government workers, they say eliminated all income taxes on your first 100k, it would do something for the middle class.
I really feel like US taxes are the worst of both worlds. They aren't much lower than in Europe where most(all?) countries have much cheaper if not free healthcare.
A system where getting fired usually cuts off your health insurance sounds like a dystopian novel. Serious health issues have a tendency to stop you from working.
No matter where in the world you go as a US citizen you still owe US taxes.