> when another nation state does it, that is worse?
When the industry in question is crucial to retaining domestic industrial capacity to counter that foreign nation’s hostile geopolitical agenda, yes it is worse!
Then the industry should take a fair shot at serving the low end market instead of hiding behind tariffs, no? Or are we going to wait around while legacy auto only sells $40k-$80k combustion pickup trucks and SUVs and Tesla doesn’t build a Model 2?
Protect markets for legitimate reasons, not out of domestic nepotism and laziness. BYD gets government support, US auto should get the same, but you actually have to show progress towards desired outcomes to justify cross border protectionism.
> should take a fair shot at serving the low end market instead of hiding behind tariffs, no?
That begs the question. They're only "hiding behind" tariffs if the price of Chinese manufacturing were fair in the first place but it's not. In this environment the Chinese manufacturers are economic aggressors and the Federal government is shielding local manufacturers from unfree competition.
When the industry in question is crucial to retaining domestic industrial capacity to counter that foreign nation’s hostile geopolitical agenda, yes it is worse!