I agree the EU tariffs are political because no one from industry had even asked for the tariffs.
It’s unfortunate the current EU leadership is economically illiterate, they have no care whether their sanctions harm EU consumers and industry. No do they care that there are good environmental imperatives for China to subsidise EV industry. The EU should do the same and provide subsidies to their auto manufacturers to build batteries for EVs in Europe.
Western leaders did not used to be so incompetent. There is something terribly wrong with Western democracies.
Industries think about stability and predictability, but politicians think about jobs, reputations, ideologies, etc.. Yes, some businessmen told me that the EU should learn from China to subsidize its own EV sector.
I agree the EU tariffs are political because no one from industry had even asked for the tariffs.
It’s unfortunate the current EU leadership is economically illiterate, they have no care whether their sanctions harm EU consumers and industry. No do they care that there are good environmental imperatives for China to subsidise EV industry. The EU should do the same and provide subsidies to their auto manufacturers to build batteries for EVs in Europe.
Western leaders did not used to be so incompetent. There is something terribly wrong with Western democracies.
Industries think about stability and predictability, but politicians think about jobs, reputations, ideologies, etc.. Yes, some businessmen told me that the EU should learn from China to subsidize its own EV sector.