I still think free trade should prevail. Even if China is unfairly subsidizing their EV makers it should be allowed to make that mistake because China would be subsidizing European consumers and helping our energy transition and making their own industry less innovative and more dependent on subsidies. Doubtless there would be issues for European car industry but it needs to renew itself anyways and we should be looking at the overall benefits and making sure the EU market is open for trade, competition and innovation.
this post was submitted on 10 Apr 2025
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Good news. But the reason they were able to dump these EV cars on our markets was because they were getting subsidized. Global markt domination and all. (Like their Belt & Road thing).
That is an okay middle ground TBH
Tariffs and minimum prices are both paid by the European consumers. Tariffs would go to the EU, minimum prices go to China.
Yeah, but if the tariffs would have stayed in place, we would have potentially caused a trade war with China, isolating us against the US and Russia.
If the minimum prices would have not been set, we would have lost additional industrial capacity, and while I loathe VW and BMW leadership, I feel for their workers.
Yes, some EVs will be more expensive, but compared to those other outcomes, it only affects people buying new cars.
I think the consumer here got the short end of the stick.
Depends on if EU manufacturers can make EVs cheaper or not...
Can and will is two different things.
True