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The EU and China have been on a trade collision course. Now, they’ve reached an unexpected agreement: China will halve its exports of hybrid cars to the bloc. C…
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If china gave EU concession, they will ask more, one after another again and again, like they are doing to big tech and Apple forcing usb-c one after another concession.<br><br>I'm not buying European cars and boycotting EU products, this is the same protectionism like Trump is doing and imposed to China.<br><br>Also what's the point to reduce Chinese import when they will build domestically in Hungary by buying Volkswagen closing factories and move production in Vietnam for Chinese domestic assembly factory and producing components in China to ship them for assembly to export them to Europe, or move factory to Morocco in Africa with Chinese components export for assembling and ship them to Europe avoiding the Chinese quota loophole.<br><br>I don't find this a win, it's a loss. <br>They successfully deindustrialization Europe and took over the global car industry and market, who is willing to loss money for 20 years for long term vision and domination.<br><br>Europe is the sheep and meat for the wolf to be eaten, china will exploit the loopholes that already exist over a long time.<br>China played them for the fool, they are.
Notice these Western media outlets always call the cars "cheap" because it suggests downgraded quality. Meanwhile, if they were referring to their own autos in the same context, they would call them "affordable".
Free market where u beg your opponent to cut vehicle export to half 😂😂😂
Good
The size of a trade deficit is absolutely irrelevant. The only thing that matters is does our trade result in undesired strategic risks. Hybrids cars are not strategically important: they are the dumbest type of car that only has a short lifespan as we go fully electric. So the EU has wasted its negotiation capital on something non-strategic, while it could have focussed on rare earths, batteries, solar panels, chips, etc.
If china gave EU concession, they will ask more, one after another again and again, like they are doing to big tech and Apple forcing usb-c one after another concession.<br><br>I'm not buying European cars and boycotting EU products, this is the same protectionism like Trump is doing and imposed to China.
Lmao bmw is happy but what about working class people? Why we cant buy cheaper car
It is a great relief for car makers and terrible news for consumers :/
China knows the future of cars is EV, not hybrid.
The root of an issue is the European Union need to make something that the Chinese people will want to buy
Clearly US intervening in European politics. <br><br>Who the Europeans think their enemy is? China 🥀
Europe is actively erecting barriers to trade and making it unfair for chinese companies isn't that something it whined about 😂
The husband who castrates himself to punish the wife...<br>Who is losing is the EU consumer! Give us cheap electric cars regardless of their origins!
No rare earths and magnets to Europe should balance out the trade. FAFO 🐲✨️
EU accepts Chinese domination and 100% unemployment?
with russian pipeline not working and the oil price in the middle east adding to the issue , i doubt its not gonna work out well.
when u cant compete,put tariffs. Free trade only when it benefits europe lolllllll
what did the eu give in return?
Chinese made cars are so efficient now compared to US and Eropean brand that if you remove the tariffs US and European brand cars are worthless.
Is Europe experiencing a decline? Is this all linked to the high costs in Europe such as those for raw materials and labor impacting innovation, research, and technology development across both products and services? Or is it because Europe is overly dependent on other nations, such as the United States and China?
Wa wa… 👶🏻
Chinese hybrid cars that were built inside the European Union will likely be exempt from the quota.
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