The EU and China report a breakthrough in negotiations on minimum prices for China-made electric cars imported into the EU. These minimum prices are intended to replace the current tariffs.

  • Blue_Morpho@lemmy.world
    link
    fedilink
    arrow-up
    8
    ·
    16 days ago

    The incentive is the same as always: greater profits. The protections are to save EU workers from a race to the bottom against Chinese workers.