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Vale Tudo
Bloomberg Television
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Comments by "Vale Tudo" (@valetudo1569) on "Yellen Says China Isn't 'Playing by the Rules' on Trade" video.
Lol let them.. they still need Boeing as they can't produce enough planes yet, airbus has years of backlog. Apple and Tesla employ a ton of people and itll result in a lot of job losses and even more exodus of foreign direct investment. Employment and foreign direct investment are already a major problem right now. The country with a larger export surplus and economic issues is much more vulnerable in this situation...that is China. They cannot meaningfully respond without causing great damage to themselves at the moment
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You clearly don't know how this works. 1. the US giving subsidies is in response to decades of China doing so, and their subsidies pale in comparison to China's. The total of the US subsidies are a small fraction of subsidies China dishes out each and every year. 2. the US is not subsidizing to the point of destroying foreign industries... China's EV's are so subsidized by the state that itd be impossible for any free market economy to compete... and that is their intention.
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