• nogooduser@lemmy.world
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    3 months ago

    As an aside, Sanchez is missing the fact that the EV tarriffs were implemented in response to excessive state aid by the PRC. It’s not good for him to promise to drop the tarriffs without committing to more negotiation regarding the EU’s concerns about state aid.

    That is a pretty huge thing to ignore too. Without the EU imposing tariffs, China could shut down the EV industry in the EU. Without tariffs, any country could shut down any industry in another country unless the other country also provides subsidies.