Manufacturing tends to move where overall prices are lowest and the cost of shipping is part of that price. That’s why Nissan is building LEAFs and batteries in Tennessee and LEAFs (and batteries?) in England.

Competition is fine. It works to increase quality and lower price. Unfair competition via unreasonable government subsidies is not a good thing in the long run.

It won’t be long before 128 foreign Asian cars are on the market for sale while undercutting local manufacturing cars and shutting down local production made cars in the US. Australia is one of the world leading countries that allows people to choose from 128 foreign nation cars under free trade may be the US can borrow an example of this.

But at the same time we need to make sure that one country doesn’t artificially lower prices to the point at which other producers are forced out of business, creating a monopoly. That would allow them to crank up prices high once their competition is gone.

China sort of did that with rare earth minerals. Mines and refiners in the US and other countries went out of business. And then when China found it needed all it was producing for its own products the rest of the world had to scramble to bring production back on line.

A truly predatory country (which I don’t think China is) could drop prices until they owned one sector, raise prices, and then if someone tried to start up in another country drop prices once more to cause the start-up to flounder.

thanks for making energy cheap so our homes and industries can use energy cheap!! which make our products cheap and we have money left to buy more stuff. all good news!