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Comments by "" (@efghggdxlmfn33) on "China Electric Cars To Face EU Tariffs" video.
After yesterday's news about EU sanctions on Chinese electric vehicles, BYD stocks went up, but Mercedes-Benz group stocks went down. No one expects miracles, the next thing is probably going to be pretty boring. In response, China is going to put pressure on the European car industry, especially the German ones. The Chinese middle-class will start replacing top European cars, which they like to buy. Ursula from Florida isn't very different from the locals. European car sales will fall, and BYD will probably squeeze more market share than they'll lose due to reduced supplies to Europe, especially since BYD competes with +25% tariffs, which can't be said about European auto manufacturers. Scholz and Ursula are going to tell the workers laid off from German factories that they need to step up the fight against communism.
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