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The given reason that the EU officials provided when they created the tariffs are major subsidizes from the Chinese government. Of course, I have yet to see a
by belorn 2y ago
The given reason that the EU officials provided when they created the tariffs are major subsidizes from the Chinese government.
Of course, I have yet to see a nation with car manufacturing that do not subsidize that industry. Tax breaks, zero interest loans, help with construction/land, and so on. It also suspected/confirmed? that intelligence agencies also helps by providing industry espionage. With them being that involved it seems that tariffs are less about market forces and more about pure politics.