• jaschen@lemm.ee
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    8 months ago

    Well, it’s more than that. China is actively trying to dump on the market. Selling things at a loss so they can kill and steal market share.

    Sorta what Amazon did early on but on a global scale.

    • filister@lemmy.world
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      8 months ago

      You do realise that you have described just now what all startups are doing in the US. Like look at WhatsApp, Facebook, etc. they were working for years if not decades on a massive loss in an attempt to more or less monopolize the segment, backed by the deep pockets of their investors.

      And I think it is only fair if you demand the same level of scrutiny to all companies involved in such practices.

      • jaschen@lemm.ee
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        8 months ago

        American companies can’t dump. This is specifically for countries to protect their own industries.

        US companies can operate at a loss to gain market share, but the money losses is still in its own economy and not an outside foreign country that might not aligned with our countries values.

        Plus a company can only lose money for so long that eventually the market starts correcting itself and investors pull funding. Can’t be said about China which is basically unlimited money.

        The repercussions is drastic. China has already done this with solar panels. We are already beholden to them for this. If we were dependant on solar panels and not fossil fuel, they would literally be controlling our energy needs.

        • filister@lemmy.world
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          8 months ago

          And the US has done this with so many industries, which you are trying to monopolize or control.

          And apparently you are okay when your own country is doing this but not okay when other countries are doing it.

          Does this seem fair to you, because sure as hell doesn’t seem to me.

          • jaschen@lemm.ee
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            8 months ago

            It’s not about fair. Anti dumping tariffs is designed to protect national security and national industries. We are not exclusive to this. China themselves does the same exact thing.

        • filister@lemmy.world
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          8 months ago

          Can you then explain to me what is the difference between

          US companies can operate at a loss to gain market share

          And dumping as in my books both are synonyms.

          And mind you we already have a couple of multi trillion companies now, if this isn’t access to infinite resources what is…

    • FluffyPotato@lemm.ee
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      8 months ago

      Is amazon even much of a thing outside the US? Like here in Europe they have like 2 places they ship from and it takes a week to arrive and costs 10x as much as ordering from a local online store. I don’t really know anyone who uses amazon regularly.

    • MarcoPOLO@sh.itjust.works
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      8 months ago

      This would be valid if… China was dumping. They’re not. They’re selling far above unit costs. In fact, their export models are often double or triple the price of domestic models of the same car.