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> You're saying China doesn't protect and help their native industries? That's simply incorrect: My point was they didn't not shut down their companies from fo
by saxenaabhi 1y ago
> You're saying China doesn't protect and help their native industries? That's simply incorrect:
My point was they didn't not shut down their companies from foreign competition and that that's exactly what the EU commission is doing with these tariffs.
> What about the European worker and the European citizen? As a European myself, I don't like being reduced to a mere consumer.
European citizens would be fine given how much they like to import from china.
Given the popularity of temu and other apps in europe, I don't think the general public wants to be fleeced by domestic industries/retailer and pay 12E for wine opener from esselunga v/s 1.7E on temu.
As for the domestic workers and industries, they'll have to up their game and innovate to become efficient. It was embarrassing how bad VW's EV products were till a few years ago. Domestic industries can't just expect to hold consumers as captive and fleece them forever.
If they can't good riddance.
- like_any_other 1y agoYeah good riddance to self-reliance. When advocated for by Gandhi to enable Indian independence [1] it's enlightened and righteous. But when Europe wants it to avoid becoming a Chinese client state, it's "small-minded". > European citizens would be fine given how much they like to import from china. It's telling that your reply to my not wanting to reduce Europeans to mere consumers, does just that - saying they'll be fine because as consumers they'll be fine, ignoring all other considerations. [1] https://en.wikipedia.org/wiki/Swadeshi_movement https://en.wikipedia.org/wiki/Swadeshi_movement