
The economic standoff between the European Union and China is intensifying. This situation outlines the contours of a potential trade war that could reshape the global economic landscape. The recent decision by the EU to impose tariffs of up to 36.3% on Chinese electric vehicles is not just a protectionist gesture. It marks a strategic turning point in the battle for control of the global renewable energy market. In response, Beijing quickly retaliated through an anti-subsidy investigation into European dairy products. These retaliatory measures illustrate a rise in tensions that goes far beyond mere trade disputes, raising many questions about the future of Sino-European relations.
L’article Economic war: China retaliates against the EU’s taxes on electric cars! est apparu en premier sur Cointribune.