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by ben_w 584 days ago
> That money should have been spent to fund R&D/capital expenditures to make cheaper electric vehicles and solar cells for everyone, TBH.

It kinda was, it's just that it was spend in China and the US government got the money back by putting tariffs on the imports.

The tariffs are paid by the importer, whose customers also gets a government subsidy paid for by the tariffs that the electorate is told are paid by the exporter, so they get to feel like they're getting a good deal and the voters get to feel patriotic, and why isn't my MSCI China investment doing better…