alt Hacker NewsIf China could sell it's cars here, it would spur American automakers to innovate, no? Government protectionism causes complacency
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surajrmal • today at 8:45 AM
It definitely worked in the past with Japanese cars.
If China could sell it's cars here, it would spur American automakers to innovate, no? Government protectionism causes complacency
It definitely worked in the past with Japanese cars.
It's a balance. If a country is investing severely in a specific industry you can either tax them out of your swamp, counter invest in your industry or, realistically, do a mix.
It'd be difficult to compete with companies receiving large gov assistance without gov assistance and I find taxing them slightly safer than making it rain on specific people/companies.