Comment on China sanctions US drone maker SkydioComments−thevillagechief1yThis is great. Now everyone will get serious decoupling battery supply chain from China. Maybe companies making EVs will understand the stake.−dtquad1yBut how are they going to compete with the huge state-supported battery makers from China?−mitthrowaway21yBy state-supporting our own battery makers? Or does the Chinese government have more money than we do?−coliveira1yAccording to the government, the US has infinite amounts of money because they can always print more...−Sabinus1y..... and there is almost insatiable global demand for US dollars.−coliveira1yThe US is sanctioning so many countries out of the dollar system that this will make no difference.−UberFly1yWe'll have to up our slave-labor game while we're at it.−mitthrowaway21yI think battery manufacturing is pretty heavily automated, isn't it?−dark_glass1yThat's what the left is saying illegal immigrants are for−okasaki1yWill the US government sanction itself then?−manfre1yIf batteries can't be sourced from China, there is no competition. If they can be, tariffs to balance out the subsidies.
Comments
This is great. Now everyone will get serious decoupling battery supply chain from China. Maybe companies making EVs will understand the stake.
But how are they going to compete with the huge state-supported battery makers from China?
By state-supporting our own battery makers? Or does the Chinese government have more money than we do?
According to the government, the US has infinite amounts of money because they can always print more...
..... and there is almost insatiable global demand for US dollars.
The US is sanctioning so many countries out of the dollar system that this will make no difference.
We'll have to up our slave-labor game while we're at it.
I think battery manufacturing is pretty heavily automated, isn't it?
That's what the left is saying illegal immigrants are for
Will the US government sanction itself then?
If batteries can't be sourced from China, there is no competition. If they can be, tariffs to balance out the subsidies.