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The US and EU Are in a Subsidy Race: Let’s Tariff China Instead

Started by Epoch-Times-Bot, Dec 01, 2022, 12:45 PM

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Epoch-Times-Bot

Dec 01, 2022, 12:45 PM
The US and EU Are in a Subsidy Race: Let's Tariff China Instead

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The United States and European Union are entering a green subsidy race that will determine where millions of electric vehicles will be manufactured over the next decades. EV sales in the United States, for example, are projected to double by 2025 to nearly 2.5 million. Car manufacturers around the world want a piece of that action.
The U.S. subsidies will boost American jobs and industrial independence from China, which will help contain Beijing economically.
Despite what President Joe Biden says, however, they will have less effect on climate change and impede the economy just as we need it at maximum strength. They ignore that China is by far the world's worst polluter, exceeding the emissions of the United States and European Union combined....

Source: The US and EU Are in a Subsidy Race: Let's Tariff China Instead

xenzol

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Aug 20, 2024, 08:21 AM
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