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Vale Tudo
Bloomberg Technology
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Comments by "Vale Tudo" (@valetudo1569) on "EU to Impose Tariffs Up to 45% on Chinese EVs" video.
Great job EU!
4
This "tooltalk" guy is correct. You have no understanding that the problem itself is not subsidies to be sold within the domestic market and free trading zone. The problem is when a country subsidizes for the purpose of exporting and totally eradicating any global competition in other peoples markets. Apples and oranges
4
Goodjob EU. You give subsidies for your firms but only for domestic production, and not to export to the world to kill other peoples industries. Welcoming Chinese EV's as long as they produce within the EU and bring jobs, rather than in China and taking jobs. Great job not letting more of your manufacturing be shipped overseas and creating more job losses just so those same jobs can be created in another country. Nobody has a right to vacuum up the demand from other peoples market, especially when they use state subsidies to unfairly out-compete those in that market. Don't want tariffs? Then you build there and create jobs there.
2
China is the most protectionist country. They used tariffs and other trade barriers to do the exact same thing for the last 30 years to get foreign countries to move their manufacturing into China... boohoo and cry more
2
@tooltalk Not to mention they held their EV industry in a protective bubble for 15 years while they poured in subsidies. The only foreign automaker to get the subsidies were Tesla and they got a much smaller percentage, hence their tariff rate into the EU is lower.
2
Tooktalk is right here. China also put its EV industry into a protective bubble for 15 years while pouring subsidies and protecting it from global competition. The only one they let in was Tesla which was used to get suppliers to up their standards and then use those same suppliers to build their own EV's. All the other car brands were denies the same subsidies and Tesla only got a small share, hence their tariffs into the EU being much lower
2
Yeah, obviously they have considered this.. and still went ahead.
1