Dr. Phosphorous
Platinum Member
- Sep 3, 2024
- 4,262
- 2,695
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Explain to me how Trump's tariffs are going to help working class Americans.....when dumb ass Trump is ruining great projects for working class Americans??
Yes, let's just completely hand over the EV market to China...god damn, why the fuck did anyone vote for this imbecile???
No smart business man is going to invest in the U.S. with Trump as president. It just isn't going to happen.
The Republicans in Congress are going to have to finally grow some balls and dump this imbecile. I know that's not going to happen, but damn it we are so fucked.
From the Washington Post --
Over the past few years, electric vehicle manufacturing facilities producing lithium batteries, car parts and critical minerals sprang up all over the United States. Drawing on cash and tax credits from the Inflation Reduction Act, these factories promised to provide jobs — largely in Republican areas — and to set the nation on a path to making homegrown EVs.
But even before President Donald Trump’s sweeping tariffs on imports, many of those projects were being canceled — leaving thousands of jobs and the shift to clean energy in doubt.
According to data from Atlas Public Policy, a policy research group, more projects were canceled in the first quarter of 2025 than in the previous two years combined. Those cancellations include a $1 billion factory in Georgia that would have made thermal barriers for batteries and a $1.2 billion lithium-ion battery factory in Arizona.
“It’s hard at the moment to be a manufacturer in the U.S. given uncertainties on tariffs, tax credits and regulations,” said Tom Taylor, senior policy analyst at Atlas Public Policy. Hundreds of millions of dollars in additional investments appear to be stalled, he added, but haven’t been formally canceled yet.
“Nothing is more important to business than market clarity,” said Bob Keefe, executive director of E2, a clean energy advocacy group. “It’s about as clear as a blizzard at midnight.”
The 2022 climate law that Democrats passed was designed to reward automakers for building cars and parts in the United States. Vehicles qualified for a $7,500 tax credit based on their American-made parts and minerals, and companies could get additional cash if they manufactured batteries domestically.
But many of those benefits could be repealed in a new Republican-led tax bill. The Trump administration has also moved to reverse the Biden administration’s rules on car tailpipe pollution. Just those changes, according to a recent report from Princeton University, could cut EV sales in 2030 by 40 percent.
“It’s working-class people in places like Georgia, North Carolina, Kentucky, Michigan and Arizona that have seen some of these projects get canceled,” Keefe said. “And I can tell you who’s benefiting — China and other countries that are doubling down.”
https://www.washingtonpost.com/climate-environment/2025/04/03/ev-factories-canceled/
Yes, let's just completely hand over the EV market to China...god damn, why the fuck did anyone vote for this imbecile???
No smart business man is going to invest in the U.S. with Trump as president. It just isn't going to happen.
The Republicans in Congress are going to have to finally grow some balls and dump this imbecile. I know that's not going to happen, but damn it we are so fucked.
From the Washington Post --
Over the past few years, electric vehicle manufacturing facilities producing lithium batteries, car parts and critical minerals sprang up all over the United States. Drawing on cash and tax credits from the Inflation Reduction Act, these factories promised to provide jobs — largely in Republican areas — and to set the nation on a path to making homegrown EVs.
But even before President Donald Trump’s sweeping tariffs on imports, many of those projects were being canceled — leaving thousands of jobs and the shift to clean energy in doubt.
According to data from Atlas Public Policy, a policy research group, more projects were canceled in the first quarter of 2025 than in the previous two years combined. Those cancellations include a $1 billion factory in Georgia that would have made thermal barriers for batteries and a $1.2 billion lithium-ion battery factory in Arizona.
“It’s hard at the moment to be a manufacturer in the U.S. given uncertainties on tariffs, tax credits and regulations,” said Tom Taylor, senior policy analyst at Atlas Public Policy. Hundreds of millions of dollars in additional investments appear to be stalled, he added, but haven’t been formally canceled yet.
“Nothing is more important to business than market clarity,” said Bob Keefe, executive director of E2, a clean energy advocacy group. “It’s about as clear as a blizzard at midnight.”
The 2022 climate law that Democrats passed was designed to reward automakers for building cars and parts in the United States. Vehicles qualified for a $7,500 tax credit based on their American-made parts and minerals, and companies could get additional cash if they manufactured batteries domestically.
But many of those benefits could be repealed in a new Republican-led tax bill. The Trump administration has also moved to reverse the Biden administration’s rules on car tailpipe pollution. Just those changes, according to a recent report from Princeton University, could cut EV sales in 2030 by 40 percent.
“It’s working-class people in places like Georgia, North Carolina, Kentucky, Michigan and Arizona that have seen some of these projects get canceled,” Keefe said. “And I can tell you who’s benefiting — China and other countries that are doubling down.”
https://www.washingtonpost.com/climate-environment/2025/04/03/ev-factories-canceled/
