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Smith's cogent analysis seems to boil down to ''Basically, China is flooding Europe with electric cars.'' So, the global angle is that Europe is faced with usin
by cf100clunk 3y ago
Smith's cogent analysis seems to boil down to ''Basically, China is flooding Europe with electric cars.'' So, the global angle is that Europe is faced with using trade controls like tariffs to shield its own manufacturers, many of which are joined at the hip with the large U.S. automakers. The risk to Europe, and by extension the U.S.A., is Chinese dominance of the industry.