In response to the trade war, the Asian giant is investing billions of dollars abroad in plants, especially in industries linked to the energy transition
China definitely, 100% bro, has no possible ulterior motives for subsidizing the fuck out of their electric vehicle industry to out compete it in its early stages across the west. Yeah, right.
Tell me again about how China has no import tariffs on anything?
Sorry, you’re right. I thought I had read the opposite.
However- they appear to be against the tariffs because it affects their exports and not because they think it’s bad for competition in Europe. I would think they would not want these Chinese car factories in the EU and will push for that to be sanctioned in some way.
https://en.wikipedia.org/wiki/Protectionism
China definitely, 100% bro, has no possible ulterior motives for subsidizing the fuck out of their electric vehicle industry to out compete it in its early stages across the west. Yeah, right.
Tell me again about how China has no import tariffs on anything?
If that was all it was about, I doubt all the Western car companies would have been pushing so hard for the tariff.
The German car companies are very afraid of Chinese retaliatory tariffs on luxury cars.
Do you have a source claiming western car companies are pushing for tariffs on Chinese EVs?
VW and BMW chiefs warn on EU’s China EV tariffs amid falling profits
https://archive.is/Q5hUl
Sorry, you’re right. I thought I had read the opposite.
However- they appear to be against the tariffs because it affects their exports and not because they think it’s bad for competition in Europe. I would think they would not want these Chinese car factories in the EU and will push for that to be sanctioned in some way.