logoalt Hacker News

freeone3000yesterday at 10:36 PM3 repliesview on HN

Auto tariffs have kept Detroit producing automobiles despite various other entrants, while still being low enough for foreign competition.


Replies

SideQuarktoday at 2:18 AM

At significant loss to the consumer. Sure a tariff can benefit a subset of people, by costing others even more.

We could also do this without tariffs by simply taking money from some group and handing it to another.

rsynnottyesterday at 11:33 PM

_Just about_. After significant government bailouts.

Ultimately, this sort of protectionism tends to be expensive, and yield an inferior product.

show 1 reply
DiogenesKynikostoday at 12:59 AM

Auto tariffs are currently keeping far less expensive - yet much more advanced - Chinese EVs out of the US market, costing American consumers thousands of dollars on every car purchase.

show 1 reply