Dennis Prager Show - How Trump Can Save the Auto Industry AND the Planet! Aired: 2024-12-31 Duration: 05:04 === California's Regulatory Battle (05:04) === [00:00:00] Here's how Trump can save America's auto industry and the planet, if you will. [00:00:04] He's got to end the regulatory stronghold that exists for car companies. [00:00:08] So, for instance, California is attempting to regulate, I just read the story, the fuel economy and emissions independent from the federal government standards. [00:00:17] That has to stop. [00:00:19] And hopefully the new head of the EPA will do that, and they should pass, the Congress should pass legislation. [00:00:25] By the way, hat tip to the Federalists for this. [00:00:28] Should pass legislation prohibiting a state from dictating its own fuel economy standards, especially a state like California. [00:00:37] I mean, imagine if these big states were able to dictate who wins the presidency. [00:00:41] That's why we have the Electoral College. [00:00:44] The same applies here, in a sense. [00:00:46] It impacts the sales of the entire nation. [00:00:49] California's current policy is absolutely unreasonable, so the regulations have to end. [00:00:54] You have to start with these CAFE standards. [00:01:01] They either have to sell vehicles with internal combustible engines, ICE engines, based upon what consumers want. [00:01:13] And if they do so, they pay a hefty fine to the federal government for building ICE vehicles. [00:01:20] Or they can spend massive amounts of money for EVs that a few people want. [00:01:29] And then just lose money that way. [00:01:31] So they're in a no-win situation. [00:01:33] So the CAFE standard, that was set in 2015, 35 miles per gallon. [00:01:38] That appears to be the sweet spot. [00:01:39] I somewhat disagree with that, but I'll go for it for the sake of this argument. [00:01:44] The EPA should at least return to the 2015 CAFE standards, setting the mileage at 35 miles per gallon per vehicle. [00:01:53] That was, at least the Federalist argues, the sweet spot where you kind of got the best of both. [00:01:58] You didn't have to get rid of ICE engines. [00:02:01] You just made them more energy, if you will, or fuel efficient. [00:02:05] And we were doing fine. [00:02:06] But again, this is all about control. [00:02:08] China. [00:02:09] Getting back to China. [00:02:10] China is not a competitor. [00:02:11] They're a threat. [00:02:12] This is an issue that we have to address. [00:02:15] China has taken steps to become dominant in the auto market in Asia, Latin America, and Europe as well. [00:02:22] Even the CEO of Ford said that China is an existential threat and their Chinese EV makers are an existential threat to the U.S. auto industry, he says. [00:02:33] And by the way, did you guys know that China... [00:02:39] Did you know that? [00:02:40] Because they're still considered a developing nation. [00:02:43] So they even manipulate people involved in the climate accord because they get $300 billion from these nations that are dumb enough to participate in the Paris Climate Accords. [00:02:58] So all these nations participate in the Paris Climate Accord. [00:03:03] It gets $300 billion from each of these nations since they're a developing nation. [00:03:08] They subsidize their car market and artificially lower the prices of cars, and it makes it impossible for America and our allies to compete against China. [00:03:20] You talk about suicide. [00:03:22] It's the dumbest thing I've ever seen. [00:03:26] So, here's what Congress could do, however. [00:03:28] They could make it a crime for any U.S. company or individual to share. [00:03:32] Oh, that's another thing. [00:03:33] They make sure that if any vehicle is sent into China, we have to give up intellectual property rights so that they can steal our research and development. [00:03:46] Are you kidding me? [00:03:47] So, Congress... [00:03:49] They have to make it a crime for any U.S. company or individual to share those intellectual property rights with China. [00:03:57] They also, similarly, any foreign entity working with an American company that shares its intellectual property with China should face a fine or a ban from doing business in the U.S. Congress, lastly, should also pass a ban on Chinese sourced and manufactured EVs. [00:04:16] This is how we got to, you know, get hip to or defeat China on this front. [00:04:22] Competitors. [00:04:23] Also need to get hip to the same safety standards. [00:04:26] Europe, Japan, and South Korea, they charge, if we're sending cars to Europe, there's a 10% tariff that we have to pay, whereas if Europe sends cars to us, it's a 2.5% tariff. [00:04:37] Either we need to get rid of that tariff or there needs to be some reciprocity. [00:04:42] And then we need to set universal safety standards with our allies, whether that's Europe, Japan, every single one of them. [00:04:50] This makes production go much faster. [00:04:53] And it reduces cost for everyone. [00:04:56] And every car buyer should know the environmental impact of EVs. [00:05:01] And that way, people will start moving away from those things.