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.
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.
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.