The Biden administration is poised to unveil new tariffs on imported Chinese electric vehicles, creating a potential roadblock for Chinese automakers wanting to expand into the American market.
  • Maggoty@lemmy.worldEnglish
    0·
    7 months ago

    The government will make sure they survive. They’re to big to be allowed to fail.

        • UnderpantsWeevil@lemmy.worldEnglish
          0·
          7 months ago

          Hard to function at the multi-national scale if you constantly need bailouts.

          And there are plenty of Republicans who would love to see Detroit Go Bankrupt.

          • Maggoty@lemmy.worldEnglish
            0·
            7 months ago

            I think they want the UAW gone. But GM and Ford give them too much money for them to get rid of the companies.