After EU's Tariffs on Chinese EVs, Beijing Investigates European Pork | Vantage with Palki Sharma
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- Опубліковано 26 вер 2024
- After EU's Tariffs on Chinese EVs, Beijing Investigates European Pork | Vantage with Palki Sharma
In a tit-for-tat move, Beijing has opened a probe into pork supplies from the European Union (EU). This comes after Brussels decided to move forward with a plan to slap tariffs on Chinese Electric Vehicles (EVs). The bloc has been raising complaints about the "oversupply" of Chinese EVs. The import tariffs were supposed to contain it. According to Bloomberg, China is the EU’s biggest overseas market for pork. The EU's pork trade with China was worth $1.83 billion last year. Sellers in Spain, Denmark and the Netherlands are said to be the biggest beneficiaries of this trade. Palki Sharma tells you more.
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China | European Union | Tariff War | Trade | Economy | EV | Pork | Food | BYD | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#china #europeanunion #tradewar #electricvehicle #pork #food #firstpost #vantageonfirstpost #palkisharma #worldnews
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As a Brazilian: China you are welcome to buy pork from Brazil. We have other products like coffee, soy, corn, beef, chicken, fruit juice, planes etc.
Let the European sell their products to the US and vice versa. Let them sell their expensive products to each other.
China actually buys a lot of pork from Brazil too.
China will make Brazil rich.
支持❤
Dear check the trade between usa and china 600 billion ..brazil is not near to usa Europe..if Europe and usa stop trade..who will buy low quality tech of China..I think Europe and usa start trade and ignore china
U don’t stay home and ask potential customers to come n buy. U go there to market your products
Europe is producing more pork than they need so in their own theory its over capacity...
😂😂😂
😅
Checkmate😂
@@j4genius961 lolz china has been fighting the west countries ..have a look at their economy now ... China means nothing when they can't trade with the west countries...they have been using their ditry tricks with steel solar panels ..n now EV... the world can see how they have been trading !!
Attacking the EU agricultural sector is a good tactic from China considering the recent farmers protest, it is volatile.
Really? You can only target pork?
Do you have enough piiggs in Chiina?!
Yes they have enough pigs from other parts of the world and not eu
@@RileyGagnon-ih2td Chiiinese culture of 4 thousand years is all about
"eatiing babbiies", said a renowned Chiiinese writer! Save the kids!!!
And all three other civilizations have 5 thousand years history!
🤣😂...United Nation should banned the concept of sanctions and tariffs.. hmmmm..
weaponising sovereign ambitions only hurt the poor.. hmmmm.
@@zackk7175put ur crack pipe down and get real 😂😂😅😅😅
Yes but the EU farmers are already in a bad way. Any more pressure on them could cause EU farmers to collapse.
Chinese bots r crying same everywhere 🤣
get a life.
I now get why China targeted EU farmers. It sounded ridiculous at first but it makes sense considering the number of protests by farmers across Europe.
Really? You can only target pork?
Do you have enough piiggs in Chiina?!
@@zackk7175Yes they have enough pigs from other parts of the world and not eu
I did not know EU is an agricultural alliance and China is modern technology country.
China is second to none regarding industrial espionage, so India really needs to step up 😂
the farmers torched and destroyed Ukranian wheat as it put too much pressure on the market. Now with their largest consumer walking to other shops, what do you think they will feel?
good for us anyway, here Australia just smoothen the relationship and we have tons of pork going no where because they breed too fast.
@@ua697 China's electric vehicle technology is the world's first, copy who, future technology, a look at you are living in the world of self-deception inside the idiot
@@ua697 ua-cam.com/video/e-7BzfCHKH8/v-deo.html
@@ua697 This does not affect India's reputation as a global fraud center
Meanwhile Russians seeking a big pork market..😉
චල්ලබුඩුක්කා!
This is expected. You start a war then you get one. EU is just gonna hurt themselves. In fact German carmakers are against the extra taxes on Chinese EVs cause they also fear reprisal.
我们是德国汽车最大的生产国和消费国，我们甚至愿意和德国分享中国的汽车市场，可你们欧洲人为什么要对我们实施制裁？我们并没有打算对德国汽车企业进行报复，我真是理解不了你们欧洲人在想什么，你们制裁我们的汽车，我们制裁你们的猪，我们这么温柔，你们为什么要残忍的制裁我们。😤
After pork, it's the spirit and wine over produce.😅
French liquor is already under investigation back in January after the EU anounced investigating Chinese EVs at the end of last year.
Lol 😆 🤣
A country the brought more then 800 milion people out of poverty and now leading the world on most sectors . Haters can hate but Hats off to you china
They are back in poverty again after COVIID lockdowns!
1 billion Chiinese monthly income is less than 2000 yuan (Yes, that is 1000 million in poverty!)
that's about $280 US dollars a month. Can you live on $280/month?!
European EVs cannot compete with Chinese EVs. Simple as that.
Palki and First Post are misinformed.
♥️🇮🇳🇮🇳🇮🇳
European politicians act like US loyal lap dogs.
@user-nf4vo5we3s Taiiwan is not a part of Chiina!!
Messii said already, two passports are different.
@@zackk7175 Some interesting facts of Taiwan many people don't know 😎 :
Its Constitution: "Constitution of the Republic of China".
Its flagship air flight company: "China Airlines".
Its biggest oil company: "China Petrol".
Its biggest steel company: "China Steel".
Its postal Service: "China Post".
Its biggest telecom provider: "China Telecommunications".
Its flagship medicine university: "China Medical University".
It's may be 2 Billion, it hits BACK at the farmers who r majority in any country
Not in Europe
@@irose4066 I think you are unware of all the ongoing farmer's protest in Europe.
@@aniksamiurrahman6365 I know that....but EU farmers are holding big lands.....it only affect minimum number of people as compare to ours.
@@irose4066 You mean pork is not a very significant product of EU agro industry? Did I interpreted it r8? Anyhow, I think this is just a probe come warning shot from Beijing. They will escalate slowly.
Farmers are only 5% of the EU workforce
Europe exporting pork and china the tech.. west is a step away from nomadic life😂
EU dont have to worry ,India will take those pork it sells to China
Nope. Europe still has the most sophisticated high-tech manufacturing sector. The thing is, China is moving ahead slowly. Call it a probing attack by China.
When did EU behind tech. When chinese come to europe ro study. In short they only have surplus knowledge.
china not sanction eu tech because it can hurt himself too. most tech company in europe has office in china or at least employed chinese worker.
@@a.d5800
中国人开始写字的时候，欧洲人还住在山洞里。
Developing country China - exports electric vehicles
Industrialized region EU - exports pork
Atleast somebody is forcing EU to taste their own medicine.
tariffs on Chinese EV is signal to the world, EU auto is weak and afraid of competition with Chinese auto makers. they are self proving weak and telling consumers how to make choice.
rubbish, chinese has huge state support for local ev. They did the SAME of steel and solar panels. Its NOT a level playing field.!!!
China always had tariffs on EU vehicles, why EU cannot do the same?
@@ab36935 The Chinese people are really pitiful. They are willing to sacrifice their own interests to protect the human environment, which should have been done by developed countries. However, developed countries are too selfish and only protect the interests of a few capitalists, sacrificing the interests of poor countries.
@@gege1103 EU already had tariffs on Chinese EV also which is 10%. Why put additional tariffs on top of that then?
@@ab36935 On a per car basis, the Chinese subsidies are trivial. BYD, the top Chinese EV car maker had subsidies of $3.7B USD over 4 years and they sell 3M cars a year. So the subsidies amount to about $300 a car. Just a rounding error when talking about car prices.
If the EU thinks subsidies are an issue, there's nothing stopping them from subsidizing their cars just like they already heavily subsidize their agricultural industry. In fact, I'm pretty sure existing EU auto subsidies are already well over $300 USD per car.
But you forgot where EU will hurt itself. China will export technology to EU countries like Hungary to produce EVs and sell them in the European market, also what is bad for EU is that big auto maker like MB, VW and BMW are now producing cars in China, all these makers rely on Chinese for EV batteries and battery material. The pork is just one of many imports that will be used as a starting point of tariff battle, the other thing on the line can be European made cars export to China. In 2023 EU export 38 billion dollars worth of cars to China and imported about 9 billion dollar worth of Chinese EV, China can also target large displacement ICE cars from EU for next round of tariff, the country that will hurt the most in a war of cars will be Germany.
How Germany will be harmed, it is the richest country in Europe that is in poverty, it is Russia that cannot even handle Ukraine, while in Germany the automotive industries are only growing 😂
Germany will lose the battle , they know better so they don't support the tariff plans
@@Ksov919where do you think from 😮??
I agree to a certain extent, but the overall trade imbalance means that a trade war between EU and China will hit China way harder than EU.
@@ua697 you think? I suggest you check the sales figures of BMW and Benz in China of the 1st half year of 2024. The decrease is significant , even without tariff retaliation. What do you think why the German car makers are firmly oppose the EU tariff against Chinese EV? Coz they are afraid of the retaliation, which will cost them losing the largest single market on earth.
EU sleeping at the wheel... didn't they know what happened to Australia? 😊
Exactly. I posted something about been an ally to the US... It can be dangerous.
The US stole the beef market from Australia.
The EU's GDP as big as China and we've smaller population, we've technology whereas Australia doesn't have,so you shouldn't compare Australia with our EU.
@@michihofer587time will tell but don’t forget if you live in a glass house don’t throw stones
@@michihofer587 European GDP is shrinking and China’s expanding.
@@rajeshkumarm6441 LOL! you sure about that?
Where is India in the global trade war 🤔
Oops.. India produce and export nothing significant that worth to be sanctioned by tariff. 0% Tariff on BAJAJ Tuk Tuk MOPEDS if exported to China, EU and US.
Lol
Burf khalifa is made of tata steel .indian motor bikes are beating Chinese bikes in competition in African nations lol u are sleeping. When india restrict rice export world cry about it.
@@naruti3992 In 2023, India's food production will be only 314 million tons, while China's food production reaches 690 million tons during the same period. Indians have less than 200 kilograms of food per capita per year, a level that is actually comparable to Africa, and even worse than some African countries.
Called the world's largest country India is located in the South Asian plains, abundant rainfall, 51% of the country's land can be used as arable land, is three times as much as China, geographic conditions are so superior, how the food production is far lower than in China, and even per capita food is not as good as in Africa?
What is even more strange is that India's per capita food is not high, but food exports have been sitting in the world's third position for several years.
Is it possible that the Indian people themselves do not eat food, rather than starve to death to export?
@@jonathannorton960 noone is starving stop believing ur based media 🤣🤣.
@@jonathannorton960 India is not ready to unleash its full potential yet. It's a mind game. after china, it'll be India dominating the world
Buy pork from Brazil!!!!!
I think china and Brazil are close allies in BRICS.
@@lamatabtan10 then india is also close allies according to u
Yes, buy from Australia also.
As a China person, I think this is a very good suggestion! Pork in Europe is very cheap, because there is too much blood in European pork, which tastes terrible! I hope that Brazilian pork can increase its export to China, so that we can achieve each other.
Great move by China. A tariff war will hurt European farmers far more than Chinese EV companies. Export represents a tiny percentage of Chinese EV companies sales but that's not the case for European farmers. In addition, the farmers are politically powerful. I think the Chinese are well prepared and are able to execute their counter attack with high precision. I think the long term solution is for Chinese EV firms to set up factories inside EU. BYD has already led the way with their new factory in Hungary. This would be a win-win and also a face-saving step down for the EU bureaucrats. The Chinese government, on the other hand, is not opposed to having their factories move closer to the end-markets.
EVs vs Porks... oh god, this is entertainment at another level
its free market until the competition get to hot, then the EU starting crying - hahahahaha!!!
It also easily to look at whether the pork is fit for consumption
Every countries should learn how to avoid EU and US interms of business ..
India would never be able to fight back against the West. If such an event were to occur to India, the most that might happen is the Indian minister holding a press conference and everyone else clapping their hands... LOL
No, they will build another 2 temples and pray to their bronze age bedtime story characters.
Not like yours stupid parents 😅😅@@saleesh4u
india best chance is a partner ship with Africa, and the Islamic world. they are not in the same room with China, and the eu see them only as a colony out on it's own, some what
In the first half of 2024, China is estimated to have sold a total 16 million cars domestically within China , of which 65% are electric cars , which is 10.4 million electric vehicles. The proportion of electric vehicles is still increasing, and the proportion of cars using oil is rapidly decreasing. Currently, China is the world's largest producer of cars, China EV cars exporting also increasing fast month by month
What about 50% tariffs in European Cheese 🧀 and Whine 🍷??? 😂
Thousands of European farmers would go bankrupt 😂
These sorts of tariffs are on the way.
China is literally playing chess and knows every counter move.
The Chinese tariff for imported cars from the US and EU has always been approximately 15 %, so China is no stranger to tariffs.
It's fair of what you said. But EU already have tariff on Chinese EVs of 10%. Why add more?
After all this news palki sharma have to know that China GDP is 19 trillion and India GDP is 4 trillion
So what?
Africa is 3 trillion with more population of 1.5 billion people as per 2024
Then U should compare with Asia 😂😂😂. BTW Chinese 16 trillion R just fraud calculations, double or triple counting @@bigboss.800
@@BinuIJKso you not qualified with superpower talk😂😂
@@bigboss.800 Africa is not jealous of any country but is India hate China and they are jealous of China progress
Never mess with European farmers if you want to keep your pants up😂
Everyone around the world should know by now that unnecessary high tariffs from one country on another , would set off a tit for tat trade war , totally unproductive for all concerned . In this case, China has a few counter moves for the EU lack of foresight in starting a trade conflict when it’s unnecessary to begin with , in lieu of the Chinese EV imports into the European market. If the EU wishes to appease the U.S. in its move by imposing high tariffs on China’s EVs then China will set off the ‘ boomerang’ effects on these countries.! The notion here is that, why must one play with fire when u can get badly burnt .?
India also should buy Chinese EV look at the heat in india. Reducing fuel vehicle will help in indian climate
Yes to EV. No to Chinese EV
China is best in EV.. so good luck to low quality EV
Ya..
@@sanjayshah7776 So India should support bullock carts
@@bruch-TB We just don't need Chinki Chonki cars, We have our own ev manufacturers, Ola, TATA and Mahindra are the main players and several new players are there no need for cheap chinki cars
with our car prices are so high, it is time to import cheaper and good cars from any countries!!!
The European Union 🇪🇺 won't initiate any trade wars with India, simply because there are no trade between the EU and India 😂
Will you comment on the same thing if this was covered by Bloomberg or TRT ??
You guys don't consume it but still watch news regarding it.
Follow your religion don't bark
What there to trade, pork 😂 😂😂
Stick to the topic.
Oh there is trade between EU and India: India supply lowest laborers to EU, which sells obsolete weapons to India
😂😂😂😂@@ivanwolf5610
Why would China limit itself to tariffs due to the overproduction of pork from Europe? Tariffs on Airbus are necessary, anyway China started to produce its own passenger planes and Airbus certainly produces some parts for military planes that are used all over the world against innocent civilians. Does this sound familiar?
France and Spain wants to put tariffs on EV but Germany doesn't want this. Airbus is owned by both France and Germany. China wants to hit France and Spain back without hurting Germany. China imports pork from France and Spain much more than Germany. In addition, China can produce enough pork itself. So putting tariffs on pork is a better idea than Airbus.
Airbus already have 2 production lines in China.
Excellent. The Chinese to close Airbus production in China. They don't buy planes from the EU under the pretext of, say, producing parts for military planes that kill civilians around the world. The Chinese don't need an Airbus just like Europe doesn't need electric cars from China.
We must admire China who is developing to next level.
The bottom line is EU NEEDS EV cars. Their energy supply is seriously strained. They need the high performance of EV cars to reduce their dependency on gas. Chines EV cars, especially BYD hybrid, can travel 13K miles with a full charge and 2.8 liter of gas. This is serious energy saver. EU needs it.
For China, 38% tariff on electric car is no big deal. It has very high quality and price ratio. Even with 38% tariff, Chinese electric cars are very competitive. In fact, the tariff forces China to compete in the premium price sector. Instead dumping cheap cars at cheap price, they will deliver high quality cars to justify the premium price. Chinese electric cars have high quality and load with features. With this tariff, Chinese car makers simply ADD MORE features to justify the premium price. It is good. China does not need to compete at the cheap price category.
For EU, this will give EU car makers some breathing room as Chinese cars won't wipe them out completely. Long term, it is most likely that car companies like BMW and Benz will "outsource" their EV car sector to Chinese car factories set up in EU, like Hungary or Spain. By doing this, they can keep the gas car market (as almost all of their manufacturing capacity, experiences and patents are in gas cars), yet at the same time, they can produce EV cars, through their Chinese partners in EU (maybe even some cars from China itself, just like Tesla or Ford shipping cars from China to US directly)
This tariff, although looks high, is a signal that EU ACCEPTS Chinese EV cars. The ambiguity is out of the way with explicitly decision that if you want to come in, put up 38% tariff. Now Chinese EV car companies can start producing cars and have marketing plans to sell their cars in EU, knowing full well that there is no more uncertainty. The investors are happy too. Chinese EV cars stocks are actually rising as the result of this tariff decision.
China, of course, will pretend to fight the EU against this "unfair" tariff by slapping their wrist. The decision is opening up investigation on EU pork products. It is just a $2B market and the investment will eventually fizzle out.
All in all, this is a Win-Win situation.
China raises concern on quality.. 🤣🤣🤣
Meanwhile, India doesn’t even have quantity.
chinese bots are here
Your country even talk about quality?? 😂😂😂
India makes quality toilets and toilet paper... Pani Wala
China raising questions about quality? You even eat grass when there’s nothing to eat. You, China, is forever a joke!
Tariff, countering tariff, some reasons are valid, the other reasons are just for retaliation purposes.
Don't trade .
Maybe they in eu will buy those byd anyway, because even with taxes they’re cheaper than Tesla. But ppl don’t rush buying them cos they’re not ‘green’ at all, and u have to charge them often
EV import from China, 10 bn worth, pork import from the EU, 2.7 bn worth
I do not see Chinese winning trade wars.
EU sells over $30B in autos from cars shipped from Europe to China and even more from cars made in China. China doesn't want to tariff these cars yet, but it's something they can pull out if negotiations break down.
This depends more on its impact than on the amount of market.
Shame on those who mock the agriculture sector, farmers are a cornerstone of civilization. The farmers globally should be treated highly just like doctors and scientists.
As if China is not violating rules. What a nerve 😂😂😂
Both side hurt....
It's going to hurt EU more than China with these tariffs.
The word " Tarrift " in Economics is usually used on Import/ Export Meaning " To Traffic the flow or to Control 👍👍👍
envy India,never be tariffs by USA and EU
A:because india is the largest democracy country
B:because india has no export
India's export population, look at the British Prime Minister and the US Vice President.
05:08 Is there a mistake on the Script? She repeated twice BVYD yet it shows BYD???
Kettle calling pot black. EU's agriculture sector is heavily subsidized. The obvious reason is jobs and EU citizen livelihood. If EU's farmers aren't happy, they would let the respective governments know about it...loudly, sometimes violently.
Put 50% tarriff on European luxury goods.
China acts India barks
French brandyb,hd Spanish ham are not necessities. Europeans need to wake up to reality. Its not the 1800s anymore.
Don’t fight the inevitability. You can’t stop the fate. China is and will dominate the EV market. China has 60 percent of the world’s ev market now. It will soon be over 80 percent
EV is similar to book printing machine invention. The country will rose to high whoever gets the EV market. China has non EU and non USA markets that are sufficient to pollish the EV tech.
India npt affraid china pk but usa and eu very affraid china ?
EU Car maker is right! Europe is not only the EV Car buyer of the world! In which case, EU car makers competitiveness will be at risk and no match against China's EV! Therefore, increasing tariff is a wrong approach!
Free Trade is best.
Make tarrifs 0% on all items from all countries.
America says NO. Free trade only if you buy US products, otherwise 100% tariff
Are you crazy? If that happens, India will be doomed
Tit for tat…. Fair game…..
EU aspire to have zero emission vehicles by 2035 which they have legislated and now China is helping them to achieve even before 2035...
Now EU recognition of China technology.
😂😂😂
Without over capacity, thzre won't be trade.
Politicians in the West need to stop giving into giving farmers. There are too many farmers and not enough technology to make them efficient.
The EU just shot it self in the foot
印度似乎不明白，等到印度强大到可以威胁到欧洲的时候，欧洲也会对印度作出相同的事情，不过印度有没有那一天我很怀疑😊
What’s your favorite video from this channel? I’m looking for recommendations!
If the low prices of Chinese EVs are due to subsidies from the CCP, then where is the beef? As far as the global consumer is concerned, the CCP is subsidizing our purchase, paid for by the Chinese people. Thank you very much.
Subsidies are just another smear campaign by Western media against China; Chinese electric vehicles are affordable due to automation, vertical integration in the supply chain. The West is afraid of competition, hence the misinformation.
if european automakers shut down their plants as they are unable to compete, then Chinese companies will take over sales and it will result in job losses in Europe. You can't be just a consumer. You need jobs to generate wealth and then consume. It's not a Win-Win
Don't create fake news, China subsidizes all EV car brands in China, including Tesla, Toyota, Honda, VW, and other foreign companies. The US also subsidizes EVs, but unlike China, the US only subsidizes its own companies. Other areas such as the chip industry. The U.S. also only subsidizes U.S. companies such as Intel, amd, nvidia, etc., and does not subsidize Japanese and Korean companies such as samsung.The US heavily subsidizes Tesla, cheap Tesla there?
Good china should start investing against EU farm produce, liquor, dairy products etc.....and triple import duties against EU products
Bravo China
Time to recognise the Chinese technology.
😂😂😂
Really? China taking to international court their complaints against European protectionism? They still believe in law and would respect international laws decision? But what about honoring the decision of another international body like the UNCLOS?
Weldone
Europe, and the U.S. need to adopt trade legislation/policy that is reciprocal to foreign nations, a.k.a. Fair trade vs. Open trade.
If China (or India) require all Western companies to have a domestic partner that owns 40% or more and domestic production of xx% of the product to enter the domestic market, make that requirement binding on any Chinese company that eventually wants to export to the West, e.g. require BYD to have a 40% European partner and EU based assembly/construction to sell in the EU.
Lovely
The best approach for China to enhance its EV competence is to define and apply stricter automotive safety standards.
中國的豬比歐美的豬好吃2000倍
yes specially Xi Jinping lol
Then why import and pay extra dum dum
@@manoj1350因为价格便宜，而且很多是用于产品加工然后再出口给你们😂
@@vendetta12SB250
@@manoj1350it will force eu companies to close or sell them to chinese state owned business man because of over producing cheap products.
European Pork ARE THEY SAFE TO EAT???? ... HIGH NUCLEAR PORK???
USA: we will send you 100billion if you stop china
EU: ok as long you fund out citizen retirements we ok
US citizen: lets keep voting for this look good we love funding others and not our own...
...imo
China needs to slap 100% tariffs on Tesla EV's like the US. Put 25% tariffs on all cars from the EU.
Telsa is made in China.
China has no plans to slap any tariffs on foreign cars that's made there. Competition is welcome in China.
Tesla more than 50% cars are made in China. Some to BMW, Benz, VW. The imported cars are not competitive anyway.
Dont put tariff on chinese cars...
I was watching this european nations cup football game and i saw byd on the side board
Chinese Made Electric cars (Not only Chinese brands) are cheap. but those Western vehicle Brands(WV, BMW, Bens, Volvo, Tesla) came back to the West, and those car makers raised the prices. it's not a Chinese issue. Eu should consider that.
Always remember one thing Europe was already rich when not trading with China but China got rich only when Europe started trade...
When Iran and Turkey strange binge region Europe
Dont fire the first short.
I prefer pork than electric cars.
China - if China can make semiconductors cheap ,other chip industries wiil have to close down ,just like EV vehicles .
I remember ,India send sent thousands of scientists ,engineers overseas ,n cannot make own rifle ,n have to make own rifle under licence from Russia.
China buy 3 or 4 jet fighters from Russia ,then open up the whole jet ,n study the engine ,already engine ,innovate ,improve ,n make the engine better .
To day ,China can make own jet fighters .
Thousands of Chinese scientist ,engineers have returned back from overseas to to improve Chinese technology n take China to greater heights .
My India ,will be left behind .
India is not *good* at copying ,improving components ,products ,etc .
Made in India - useless - if India cannot source raw materials ,make the components ,assemble the products in the same industrial zones,lower ligustuc cost
Indian industry ,experts ,Media people to go to China n see how they do manufacturing .
Nobody don't need them BMW no more
The western economic block created unequal system of trade and now that, that same has started to affect them, they impose tariffs on commodities that they don't have a competitive edge.
West created an unequal system by outsourcing jobs to countries with much lower wages. The solution is either removing the outsourcing or imposing tariffs.
Which solution would you like?
That a crafty move by the Chinese
Same could be said about baseless sanctions and tariffs against China.
Is Europe's move a just act?
BRICS should be advertised with a slogan like "New world order 1 millionaire ( China ) and beggars" :)))))
India , Brazil and France which applied to join but get denied are not beggars.. do your research
@@RileyGagnon-ih2tdB (Brazil) R I (INDIA) C S 😂😂😅😅😅
China pirates of the Seas!
It's normal EU needs to protect its domestic market. It's not anti china, rather it's pro EU and should be for economic reasons and not political. China can do what it wants also as long as its for genuine economic necessity to promote a local sector and not arbitrary political retaliation. EU cannot sacrifice it's local Industries just to keep china happy.
Good idea EU trade war
But it is already a loosing battle....
Meanwhile, americans have 800 plus military bases around the world and the EU is fine with it. If that is not overcapacity I don't know what it is.
North Korea became the middle man between China and Russia. Each nation tries to gain favour from NK.
Doesn't India have a 100% tariff on all foreign made EVs over $18,000 to protect domestic suppliers?
China still doesn't allow foreign battery makers to compete in local EV market (and hasn't been since 2016).
People have to eat but don’t change their EV gradually.
Sanctions against everyone😹😹😹
TARIFFS make the goods more expensive for citizens
... and protect local jobs.
The same tactic they did to US grains
China could easily be replaced by India anyways. Lets just switch to India, were done with China now.