EU hits Chinese electric car makers with tariffs of up to 38%
EU hits Chinese electric car makers with tariffs of up to 38%
By Raziye Akkoc The European Union on Thursday slapped extra provisional duties of up to 38 percent on Chinese electric car imports because of Beijing’s “unfair” support, a move t…
I'm no foreign minister... but aren't most, if not all, EU car electronics made in China? So, couldn't the Chinese government just start adding tariffs for those in the amount of, say, 38% ?
Fuck the consumer, am I right?
Ish, but supposedly the logic is to allow consumers to buy cars made using European labour. I'm a bit torn on this aspect of EVs, but that's the idea, at least.
Maybe EU should finance the Green Revolution instead of China.
Although its bad, i understand the reason. When you have China as a country pour money into the EV industry, and EU not, it is not a fair competition. Its China trying to destabilise the industry. It would have been ok if it had been the Chinese industry making better and cheap cars but with all the financial support by the country, its china competing with european manufacturers