this post was submitted on 10 May 2024
339 points (96.7% liked)

Technology

59582 readers
2808 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
L3s@fry.gs
L4s@fry.gs
L4s@lemmy.world
enu@lemmy.world
339
US to impose tariffs on Chinese EVs next week (www.arenaev.com)
submitted 6 months ago by boem@lemmy.world to c/technology@lemmy.world
164 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] Maggoty@lemmy.world 2 points 6 months ago* (last edited 6 months ago)

China is hardly going to be able to under cut the Big 3. Unless they just refuse to come down on their prices. More competition stops monopolistic forces, not the other way around. This narrative has been going around like our auto industry is some mom and pop shop that needs protection from Walmart. In reality they're the monopolistic force in our market and you can see that by the insane prices they are charging.