Comments by "Paul Aiello" (@paul1979uk2000) on "China Says EU Tariffs Won’t STOP its EV expansion across Europe" video.
-
If you say so, but you would have to be a fool to think that China or others won't pull the same trick on any of the BRICs countries, there are many industries that China could target in the BRICs countries and probably will overtime to give them an edge, let's see how your own countries respond with that when industries and jobs are at stake.
Basically what I'm getting at, it's easy to talk when you have little to protect, it's a different ball game when your livelihood is being targeted, for nor, the EU and US have more to protect, but even BRICs countries have a lot to protect, just that they are not the target yet, but give it time, after all, it's not hard to see what China game is.
2
-
Actually, if history is any indicator, the tariffs are probably a stop-gap measure to allow the European car manufactures to adapt to the new reality, the EU has probably warned the European car manufactures that these tariffs are only a stop-gap measure, so adapt or die, the EU has done this many times before to light a fire under a specific industry to change.
Sometimes also, the tariffs are done in such a way that they reduce the percentage of tariffs on the goods by a small amount each year until they are phased out, the idea is to keep constant pressure on the companies in the EU market to force them to change, so in the short term it's painful, but long term they could come out stronger on the world stage for it, whereas without the tariffs, many of these companies could go under because they've been asleep, but this is the case for a lot of companies in the west that need to wake up, especially when it comes to pricing of it's goods.
2
-
1
-
1
-
Actually, it would be a lot worse without the tariffs, if history is any indicator, tariffs are a stop-gap measure to give EU car manufactures time to adapt, it's worked many times in the past to allow the companies to come out stronger on the world stage in time, but it takes time, especially when companies have been found to be sleeping lol.
What China is really angry at isn't so much the tariffs, but the pressure that the tariffs will do on EU manufactures to force them to change and adapt, which makes them more of a threat to EV companies from China on the global scale, but again, that takes time, this has happened many times with the EU for industries that have been asleep, and the EU is likely warning EU car companies, these tariffs are only short term to allow them to adapt, the tariffs might even be on a percentage basis where they lower the tariffs per year to keep the pressure on the EU car companies.
Sometimes this is needed to light the fire under their arse, others like the US have done the same and usually the end result is that your companies come out a lot stronger on the world stage, but that usually takes some time, probably around a decade, that's probably what China is really angry about, not the tariffs, but the impact that it could have in forcing the EU car companies to be more globally competitive on the world stage, which is a threat longer term to China's EV industry.
But seriously guys, check history and you will see this has happened many times before and it's been quite successful in getting industries that are lagging behind to adapt and change over a short amount of time, sometimes a fire under there arse is all that's needed, and it looks like that is what the EU is doing, and probably the US as well.
1