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US should block cheap Chinese auto imports from Mexico, US makers say
(www.reuters.com)
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The issue is they're wanting to sell $30,000 cars for $15,000 (with the rest paid for by the Chinese government) which sounds great as a consumer until all the other manufacturers exit the market due to the impossibility of competing with those subsidies. Once they eliminate the competition, they'll start selling these $30,000 cars for $50,000+ because "fuck you who else are you going to buy from?" That's not to say the current crop of manufacturers aren't fucking us over too but this isn't how you eliminate that problem. You're just trading one bully who steals your lunch money for another.
do you have any sources for that? because byd is selling their cars elsewhere in the world for 30k-50k usd new, similar to competing american brands. The only thing I can find is a tax incentive that's less than the tax credit you can get in the us.
https://electrek.co/2024/02/19/byd-launches-15k-qin-plus-ev-kicking-off-price-war-gas-cars/
https://electrek.co/2023/05/01/gms-wuling-bingo-ev-lures-china-buyers-sub-10k-price-fun-features/