Chinese Economic demise..Wishful US Thinking?, page-36

IMO trade sanctions against Chinese import cars is interesting
because it is different to how the US has coped with foreign auto
competition in the past.

The first big US Auto wobble was in the early 80s when GM, IH
and others went broke because of Japanese competition

Unlike now the US allowed Japanese and European auto makers
into the USA to either partner the failing US auto makers, buy them out
or simply set up foreign manufacturing in the USA...eg:

-Isuzu partnered GM
-Mazda partnered Ford
-Mercedes Benz bought Chrysler and Freightliner & Stirling (ford) Trucks & GM engines
-Volvo bought White Trucks
-Renault bought Mack Trucks
-And of course Honda and Toyota set up new Auto manufacturing plants in the southern states.
In summary, there was a mass Japanese/European takeover of the US auto market & no crippling economic
sanctions to protect the original US brands from part/total foreign takeovers.

Then the GFC hit and the big 3 (particularly Ford and GM) arrived in Washington in private jets with caps
out for Billions of taxpayers funds.

Now wind forward to 2024 when there is a massive transition to EVs.
Rather than giving the Chinese the Europeans and the Japanese
treatment of the 80s & 90s , the US has erected what is effectively
a trade barrier by bunging 110% import tariffs on all Chinese EV imports.

Conclusion: US Trade war on China where the US Motorist will pay for
by higher EV prices while at the same time the US government is driving
the US motorist into EVs with carrot & stick

IMO this EV trade barrier will hurt the US economically than it will China
but the Neo-Con US puppeteers hatred of China is blinding then to
global economic realities on which capitalism is based