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EU to put tariffs of up to 38% on Chinese electric vehicles as trade war looms (www.theguardian.com)

submitted 3 months ago by [email protected] to c/[email protected]

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[–] [email protected] 2 points 3 months ago* (last edited 3 months ago)

Tariffs and moving away from free trade makes us all poorer. We need EVs to be cheap and abundant now more than ever. People complain it's "uncompetitive" when china subsidizes the shit out of their EV industry, but the US did the exact same thing with "build back better", and the EU got pissed about it. Just as the US has been doing for decades with agriculture and the defense industry.

I agree subsidies are contrary to the best methods of free trade but until we can force countries to stop (and stop doing it ourselves), they are a part of life. Let china win the EV race, we all get cheap abundant EVs, and America can win the space race and we'll all get cheap satellite services, and Europe can win idk whatever it is they're working on over there and we'll all get a bunch of cheap copies of that.