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Joined 3 years ago
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Cake day: June 9th, 2023

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  • Less competition for American workers(similar story for tariffs). There is a reason for unemployment is so low and that is mainly that the US is loosing population to migration, which has not been the case for basically ever. The issue is that the trade war is hurting the US economy, so workers do not really benefit from it.

    At the same time capitalist like it to a degree, as it makes migrants much more dependent on their jobs, then American workers. As in visas often depend on having a job.

    Obviously capitalists still want migrants to exploit.








  • The German car industry is more then just the big car brands. They are aware of the Chinese competition and they have invested a lot to be able to compete. However for parts suppliers this is much more difficult. If you are a making some metal engine casts for example, you really do not have expertise, which translate well to EV production. So you probably go down. Those sort of ICE car part suppliers have fired 50k workers in Germany this year already. The transition is hurting them badly and they would love five more years.

    The good news is that Germany is at 30% BEV production and rising fast. So those companies are already in a very bad place and so is their lobbying power long term. For Germany Spain and France blocking this is probably the best thing to happen. Oh and the EV industry did get buyers subsidies in Germany for the next five years.