No it’s not, the extra tariff is absolutely to compensate for subsidies in China. When EU subsidized Electric vehicles, the subsidies were equal for cars made in all countries, also outside EU.
China has heavily subsidized both development and production of cars in China. European factories do not get such subsidies, here it was on the sales, and was equal no matter where the car is made. For instance Tesla, Hyundai, Geely, Xpeng too received these subsidies 100% equal to European electric cars sold here.
So why don’t you take that ignorant comment and shove it?
USA subsidizes American MADE cars sold in USA protecting their home market, and China subsidizes China made cars in general no matter where they are sold. And that is what EU tax extra. The tax is even adjusted on a per brand basis, so a manufacturer that has not enjoyed high subsidies is not taxed for it.
European car makers too profit from subsidies and they make worse e-cars for double, triple the price.
This is decidedly false, China is still catching up on several aspects, and the price is way more comparable if it’s considered on a level playing field.
Yes China has done extremely well in this segment as they have in others, but they are not better quality than European made cars. Especially not compared to German cars.
USA is different than EU with their tariffs on Chinese cars, both in that they are way higher with 125%, where EU tariffs have a base of 10% and an additional protective tariff ranging from ZERO to about 25%.
And I’d be fine with this, if it were temporary and if there were also measures to help legacy manufacturers turn it around. I wish legacy American manufacturers would be able to survive The Biden administration passed a comprehensive package to do that, and that’s basically what the legacy manufacturers wrote off as a loss
But the current situation is just exploiting Americans for higher profits on old technologies in the hope that global competition will help legacy manufacturers turn things around. I’m not seeing that. I’m just seeing them even more stuck on dead end technology, with no incentive to change. The excessive protectionism is permanent until we’re ready to bail out failing car manufacturers
No it’s not, the extra tariff is absolutely to compensate for subsidies in China. When EU subsidized Electric vehicles, the subsidies were equal for cars made in all countries, also outside EU.
China has heavily subsidized both development and production of cars in China. European factories do not get such subsidies, here it was on the sales, and was equal no matter where the car is made. For instance Tesla, Hyundai, Geely, Xpeng too received these subsidies 100% equal to European electric cars sold here.
So why don’t you take that ignorant comment and shove it?
USA subsidizes American MADE cars sold in USA protecting their home market, and China subsidizes China made cars in general no matter where they are sold. And that is what EU tax extra. The tax is even adjusted on a per brand basis, so a manufacturer that has not enjoyed high subsidies is not taxed for it.
This is decidedly false, China is still catching up on several aspects, and the price is way more comparable if it’s considered on a level playing field.
Yes China has done extremely well in this segment as they have in others, but they are not better quality than European made cars. Especially not compared to German cars.
USA is different than EU with their tariffs on Chinese cars, both in that they are way higher with 125%, where EU tariffs have a base of 10% and an additional protective tariff ranging from ZERO to about 25%.
And I’d be fine with this, if it were temporary and if there were also measures to help legacy manufacturers turn it around. I wish legacy American manufacturers would be able to survive The Biden administration passed a comprehensive package to do that, and that’s basically what the legacy manufacturers wrote off as a loss
But the current situation is just exploiting Americans for higher profits on old technologies in the hope that global competition will help legacy manufacturers turn things around. I’m not seeing that. I’m just seeing them even more stuck on dead end technology, with no incentive to change. The excessive protectionism is permanent until we’re ready to bail out failing car manufacturers