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Vale Tudo
Bloomberg Television
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Comments by "Vale Tudo" (@valetudo1569) on "EU to Vote on Tariffs on EVs From China" video.
This is very true
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Goodjob EU!
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EU is tired of their manufacturing being hollowed out by subsidized industries. No more...
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I think they are finally growing a spine and doing the right thing
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Hmm I'm not sure you understand the purpose of the tariffs. The EU wants them to move manufacturing into EU countries to create jobs. Hungary being an EU member and manufacturing going there is still mission accomplished for the EU. They welcome Chinese EV's if they create jobs within the EU, instead of taking them
3
@dywang32 China was able to fully commit because their companies were in a protectionist bubble by their gov and packed full of direct and indirect subsidies
1
@dywang32 Whats your point... and Tesla being in China is what helped their EV industry boom. Its a tried and true strategy by the CCP to introduce a real competitor locally while nuturing their domestic companies. They did the same with Apple to build up Huawei and Xiaomei + others. Most of the EV companies use the exact same suppliers that Tesla beefed up to meet their standards for EV components. Look it up, its a known and successful strategy by the Chinese government
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Cooperation doesn't meaning bending over and letting your jobs being taken away by subsidized industries
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@graymalkin26 Nope
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@Zelp789 Yup I do. Love'em
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@winsonip4447 The EU can produce their own EV's or Chinese EV's can set up manufacturing within the EU to avoid tariffs, thats how. If not? Well the EU has clearly decided that jobs are more important
1