Is it really bad policy to protect national interests against a hostile superpower? China is attempting to flood the US market with cheap EV batteries, and once domestic manufacturers go out of business, there’s nothing to stop them putting the prices back up. And then at that point we’ve allowed another type of energy dependence to develop.
Yes I agree that for average consumers, like you and me, that sucks in the short term, but sometimes larger, longer geopolitical concerns have to take priority. The Chinese are superb at this type of long term thinking. And just because it’d be good for us today, doesn’t mean it’d be good for us in 5,10, 15 or 50 years time. Governments have to be the stewards not just of what happens now, but what happens down the road.